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How to Account for Doubtful Debts: Revision history

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21 March 2023

  • curprev 15:3115:31, 21 March 2023 Lukegao1 talk contribs 1,646 bytes +1,646 创建页面，内容为“ Doubtful debts are the amounts owed to a business by customers who are unlikely to pay their debts in full or at all. Accounting for doubtful debts is an essential part of maintaining accurate financial records for any business that extends credit to its customers. Here's how to account for doubtful debts: 1. Estimate the amount of doubtful debts: The first step in accounting for doubtful debts is to estimate the amount of debt that is unlikely to be paid. T…”
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