Bad Debt: What Is It… and How to Avoid It
Bad Debt: What Is It… and How to Avoid It https://rockcreekcg.com/wp-content/uploads/2023/01/WordPress-Featured-Image-1024x536.jpg 1024 536 Rock Creek Consulting Group https://secure.gravatar.com/avatar/973a7b183816ab690817ef5b070658aa?s=96&d=mm&r=gLet’s start with a definition of Bad Debt. Bad Debt is an amount of money a creditor must write off after a debtor defaults. In other words, it’s the amount of money your company will not receive for products or…
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