Bad debt provision: Difference between revisions
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''Accounting''. | ''Accounting''. | ||
1. | |||
An item in the balance sheet of a reporting entity, reflecting the estimated amount of total trade receivables which are expected to be irrecoverable. | |||
2. | |||
More loosely, the change in this balance sheet item over a period of time. | |||
3. | |||
The basis or process of determining this balance sheet amount. | |||
Revision as of 15:35, 13 May 2016
Accounting.
1.
An item in the balance sheet of a reporting entity, reflecting the estimated amount of total trade receivables which are expected to be irrecoverable.
2.
More loosely, the change in this balance sheet item over a period of time.
3.
The basis or process of determining this balance sheet amount.
