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: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

The first silent film star in America was O Stella Welch O Charlie Chaplin O...

Biology
Q

one before during or after completing it nd luck Question 2 One of the differences...

Biology
Q

An ideal gas is held in a non rigid container that is kept at a...

Physics
Q

6 If a capillary is radius r is dipped in water the height of water...

Physics
Q

5 lbs. of organic red potatoes cost $6.00. What is the price per lb.?A. $0.83B....

Basic Math
Q

The half life of nitrogen 13 is approximately 9 97 minutes Step 1 of 3...

Algebra
Q

The Body Care, Inc. produces body lotion that goes through three departments A, B,...

Accounting
Q

Please explain the below investmnet types in a few words. a) Available...

Accounting
Q

Help will thumbs up! If Sheffield Company...

Accounting
Q

Please also find The amount of maintenance expenses allocated to Assembly Department, the total amount...

Accounting
Q

ebook Payroll Register The following data for Throwback Industries Inc. relate to the payroll for...

Accounting
Q

By marking up the product 60% on cost of $10, what would be the percent...

Accounting