doubtful account
Definition
Name given to an account that records the sums (accounts) whose collection looks uncertain. Such accounts are termed 'bad debts' and are usually written off against the profit of the firm as expense.
Popular 'Accounting & Auditing' Terms
doubtful account in the news
This content can be found on the following page:
http://www.businessdictionary.com/definition/doubtful-account.html







