itzmaddie05
itzmaddie05 itzmaddie05
  • 18-05-2022
  • Business
contestada

differentiate between bad debt and doubtful debt​

Respuesta :

leysmxth leysmxth
  • 18-05-2022

answer and explanation :

A bad debt is a specifically-identified account receivable that will not be paid and so should be written off at once, while a doubtful debt is one that may become a bad debt in the future and which it may be necessary to create an allowance for doubtful accounts.

Answer Link

Otras preguntas

A 10.0 milliliter sample of NaOH (aq) is neutralized by 40.0 milliliters of 0.50 M HCl. What is the molarity of the NaOH (aq)? The Answer is 2.0M but I am uns
Which type of bacteria can be found in pairs chains squares of four cubes of eight or grape like clusters
The repayment schedule is for a $1,300 loan at 7.5% for 6 months. What is the amount for interest at payment 5?
Suppose you buy a CD for $250 that earns 3% APR and is compounded quarterly. The CD matures in 5 years. Assume that if funds are withdrawn before the CD matures
List the six external parts of a computer system and identify which are output and which are input devices
What was the wade-Davis bill
Stevens and Sons Painting won the bid to paint 4 identical houses. Mr. Stevens painted the first house in 5 days. One of his sons painted the second house in 4.
why was Louisiana such an important Colonial holding
ik vind wiskunde heel moelijk hoe kan ik het beste leren
An 18-year-old girl was taken to the hospital with high blood pressure and headaches. Doctors noticed that she looked very thin and discovered she had a heart