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Biz Filings: Accounting for Bad Debts

Curated by ACT

This article gives an overview of accounting for uncollectible accounts and explains procedures for both cash and accrual basis systems.

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Concepts
accounting, business
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Additional Tags
accounts, bad debt, bad debts, cash, receivable, uncollectable accounts, bizfilings, uncollectible accounts
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Classroom Considerations
  • Knovation Readability Score: 4 (1 low difficulty, 5 high difficulty)