At the end of the year, bad debts recovered account is transferred to the bad debts account. This will be:

Bad debts recovered is treated as a:

What do we do with provision for bad debts in balance sheet?

The amount of bad debts is:

At the end of the year, a bad debt recovered is treated as:

Estimate of the amount which a business will lose in a financial year because of bad debts is known as:

Where will be the difference between provision for bad debts posted?

The establishing of a credit limit and the later monitoring of the debtors account is known as:

Writing off bad debts is an example of:

The amount owing to a business which is not paid by the debtor.