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.


doubtful account is...

Nearby Terms

Search volume for doubtful account

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z