What does bad debt means?

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If the provision for doubtful debts is not created, which of the following entry...
Posted by:
Shazia Anees
19-May-2015

Economics Debt Markets

Question added by REMEGIO SALAMAÑA , Customer Care Specialist , Concentrix Daksh Services Phils. Corporation
Date Posted: 2015/07/02

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1 Answers

ORITSESHOLAYE OMABUWA

by ORITSESHOLAYE OMABUWA

Bad debt refers to what is owed by debtors who are unlikely to repay loan.

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