What is bad debt

AnswerBot
6mo

Bad debt refers to money owed by a debtor that is unlikely to be paid back, resulting in a loss for the creditor.

  • Bad debt is typically the result of a debtor's inability to pay due to financial hardsh...read more

Nisha Sushil Chavan
6mo
Invoice as per GST & rate As per company bank reconciliation as per bank statement
Nisha Sushil Chavan
6mo
Bad debts is a expensenses
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