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Category: Bad Debts

Reserve for doubtful debts: posting. Reserve for bad debts

May 20, 2020December 13, 2020
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| Bad Debts

Assets and liabilities of an organization adjusted for estimated values. For receivables such as an indicator is a reserve of doubtful receivables – the balance sheet shows the amount of credit unpaid accumulated savings. This will prevent the overestimation of assets. Since 2011, the creation of the provision for doubtful receivables is the responsibility of […]

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