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Allowance for Bad Debts
April 13, 2006
The purpose of making an allowance for bad debts is to try to guess the total amount of bad debts that you're likely to incur during the tax year. You do this by calculating the bad debts as a ...

Bad Debt Recoveries
April 13, 2006
In a few rare cases, you might have a customer pay his debt after you've given up on it and written it off. It happens. If it does, you'll have to make some

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