Tax and accounting treatment of bad debts
Tax and accounting treatment of bad debts Depreciation of doubtful debts. A receivable may be questioned because of a deteriorated situation of the debtor, in which case it is referred to as a "doubtful receivable". Prudence leads to the recognition of a depreciation of the receivable, as soon as a risk of non-payment appears. The company is then led to ... Read more about Tax and accounting treatment of bad debts
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