Bad debt provision: Difference between revisions
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imported>Doug Williamson (Expand.) |
imported>Doug Williamson (Expand.) |
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#An item in the balance sheet of a reporting entity, reflecting the estimated amount of total trade receivables which are expected to be irrecoverable. | #An item in the balance sheet of a reporting entity, reflecting the estimated amount of total trade receivables which are expected to be irrecoverable. | ||
#More loosely, the change in this balance sheet item over a period of time. | #More loosely, the change in this balance sheet item over a period of time. | ||
#The basis or process of determining this balance sheet amount. | |||
Revision as of 11:23, 20 April 2016
Accounting.
- An item in the balance sheet of a reporting entity, reflecting the estimated amount of total trade receivables which are expected to be irrecoverable.
- More loosely, the change in this balance sheet item over a period of time.
- The basis or process of determining this balance sheet amount.
