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Accounting > Allowance For Bad Debts
The following information is about Allowance For Bad Debts.
Allowance For Bad Debts Defined
is an account established to record a subtraction from ACCOUNTS RECEIVABLEto allow for those accounts that will not be paid.
This definition is in context to Accounting. See more contextual defintions for Allowance For Bad Debts.
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