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Allowance for Bad Debt
Last Updated: Jun 6, 2019
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A contra-asset account on a company's balance sheet based on the amount of accounts receivable it expects to be unable to collect.
Last Updated: Jun 6, 2019
Created By :
Last Edited By :
Created On :
A contra-asset account on a company's balance sheet based on the amount of accounts receivable it expects to be unable to collect.