Home » Classroom » SS1 Accounting Bad Debts And Provision For Bad Debts: Meaning Question

Define bad debts in simple terms - SS1 Accounting Bad Debts And Provision For Bad Debts: Meaning Question

Define bad debts in simple terms.

Bad debts refer to the amounts owed to a business by its customers or clients that are unlikely to be paid in full.

Please share this, thanks:

Add your answer

Notice: Posting irresponsibily can get your account banned!

No responses