Terms Beginning With 'b'

Bad Debts Expense

  • January 03, 2020
  • Team Kalkine

Bad debts expense is usually referred to as a doubtful accounts expense or uncollectable accounts expense. These expenses arise because of non-payment of goods and services delivered on credit by the company. The company may report bad debts expense in two ways:

  • Direct Write off Method
  • Allowance Method

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