What is bad debt
AnswerBot
7mo
Bad debt is a debt that is unlikely to be recovered by a company, typically resulting from customers who are unable to pay.
Bad debt is recorded as an expense on the company's income statement.
It can o...read more
Help your peers!
Add answer anonymously...
Popular interview questions of Accounts & Finance Executive
>
Meditrina Hospital Accounts & Finance Executive Interview Questions
Stay ahead in your career. Get AmbitionBox app
Helping over 1 Crore job seekers every month in choosing their right fit company
65 L+
Reviews
4 L+
Interviews
4 Cr+
Salaries
1 Cr+
Users/Month
Contribute to help millions
Get AmbitionBox app