Accountancy, asked by palakmittal2208, 3 months ago

what is bed debts


I mark as brainliest if answer is proper:-)​

Answers

Answered by Guru181
2

Answer:

Bad debt is an expense that a business incurs once the repayment of credit previously extended to a customer is estimated to be uncollectible. Bad debt is a contingency that must be accounted for by all businesses who extend credit to customers, as there is always a risk that payment will not be received.

Answered by ITZSRIJA
2

Answer:

hope it helps u mate ........

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