Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. 12. which of the following statements best descri

12. Which of the following statements best describes a bad debt? (3 marks) ...

50.1K

Verified Solution

Question

Finance

12.

Which of the following statements best describes a bad debt?

(3 marks)

Select one:

a. A business that sells goods on credit

b. A debt which is doubtful

c. A debt where there is no hope of getting paid

d. A debt where there is some hope of getting paid

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

A random sample of 50 suspension helmets used by motorcycle riders and automobile race-car drivers was...

Statistics
Q

How are Cdks activated? Be sure to include in your answer the roles of: a) Cyclin b) CAK

Biology
Q

3) Briefly describe how you see yourself applying what you have learned or promoting maternal and...

Psychology
Q

Answer the following questions given what you learned from reading Leadership and Self-Deception. In order to...

General Management
Q

An astronomical telescope consists of two convex lenses If focal length of objective is 1...

Physics
Q

Construct a truth table for the given statement PA P Fill in the truth table...

Algebra
Q

please help me get nice marks on it. How do current rates of...

Accounting
Q

Month Jan Feb Mar Apr May Jun - Machine Hours X 3.000 4,500 8,000 7,000...

Accounting
Q

The implementation of IFRS has significant consequences for Canadian organizations. Search online for information relating...

Accounting
Q

Gipple Corporation makes a product that uses a material with the quantity standard of 7.3...

Accounting
Q

La venta de equilibrio actual de Twix Company es P550,000 por ao. Se calcula que...

Accounting
Q

Question One 10 marks A one-year interest rate swap with quarterly settlements is agreed at...

Finance