Business, Legal & Accounting Glossary
Amounts due from credit customers where there is concern that the customer may be unable to pay.
They increased their provision for doubtful debts to six million dollars.
The chairman had stated that in 2009 the business side of things would likely be characterised by bad and doubtful debts.
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Definitions for Doubtful Debts are sourced/syndicated and enhanced from:
This glossary post was last updated: 4th July, 2019 | 1 Views.