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What are bad debts - SS1 Accounting Bad Debts And Provision For Bad Debts: Meaning Question

What are bad debts?

A

Amounts owed by a business to its suppliers

B

Amounts owed to a business by its customers that are unlikely to be paid in full

C

Expenses incurred by a business on repairing its equipment

D

Costs associated with shipping products to customers

correct option: b
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