Nice An Alternative Name For Bad Debts Expense Is

Bad debt expenses are generally classified as a sales and general administrative expense and are found on the income statement.

An alternative name for bad debts expense is. An alternative name for bad debt expense is - Studyrankersonline. Bad Debt Expense What Is Bad Debt Expense Bad debt expense is related to a companys current asset accounts receivable. An alternative name for bad debt Expense is an Acollection expense Bcredit loss expense Cuncollectible accounts expense Ddeadbeat expense.

Heres a list of similar words from our thesaurus that you can use instead. An alternative name for Bad Debts Expense is a Deadbeat Expense b Uncollectible An alternative name for bad debts expense is a School New York Institute of Technology Westbury. But its because of our credit tightening that our bad debt isnt worsening.

Bad Debts Expense is reported on the income statement as an operating expense. The allowance sometimes called a bad debt reserve represents managements estimate of the amount of accounts receivable that will not be paid by. A feeling of gratitude for a service or favour.

Question 9 2 pts An alternative name for Bad Debts Expense is Collection Expense. Spending in excess of revenue or income. An allowance for doubtful accounts is considered a contra asset because it reduces the amount of an asset in this case the accounts receivable.

Receivables at year-end were 100000. The characteristic of being needy. A privilege of delayed payment extended to a.

Rogets 21st Century Thesaurus Third Edition Copyright 2013 by the Philip Lief Group. Bad Debt Expense Net sales total or credit x Percentage estimated as uncollectible To illustrate assume that Rankin Companys estimates uncollectible accounts at 1 of total net sales. A sum of money that is owed or due.