Sole Trader from £24/mth
Limited Company from £40/mth Micro company from £28/mth

Click here for a quote for our fabulously cheap online accountant service
Affordable Quality Accounting. Free telephone consultation - call 01604 288024

What is a Bad Debt

Bookkeeping Add comments
Jan 072008

A bad debt is a debt that is unpaid possibly because the customer has gone bankrupt or more often simply because the customer refuses to pay for some reason.

Whatever the reason, a business may decide that a particular debt is unlikely to ever be paid and thus declare that debt “bad”.

Posted by Happy Accountant at 9:00 am

Leave a Reply

(required)

(required)

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

Working with you to reduce your costs
Click here for a quote for our fabulously cheap online accountant service

Figurate Ltd
Chartered Management Accountants
Accounts, Tax, Bookkeeping, VAT, Payroll + more
t: 01604 288024 e: info@figurate.co.uk

Accounting

Bookkeeping

VAT

Company Secretarial

Tax

In Business

© 2010 Figurate Ltd Protected by Copyscape Original Content Check Site Map | Statutory | Copyright | Disclaimer | Privacy | Contact Suffusion theme by Sayontan Sinha
Content Protected Using Blog Protector By: PcDrome.