Accountancy, asked by nehapandya7273, 3 months ago

what is considered a reserve on a viable debtor?​

Answers

Answered by anwesha151207
0

Answer:

A bad debt reserve is the dollar amount of receivables that a company or financial institution does not expect to actually collect. This includes business payments due and loan repayments. Also known as an allowance for doubtful accounts (ADA)

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Answered by ranjanasahay838
0

Answer:

A bad debt reserve is the dollar amount of receivables that a company or financial institution does not expect to actually collect. This includes business payments due and loan repayments. Also known as an allowance for doubtful accounts (ADA)

Explanation:

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