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bad debts recovered


'bad debts recovered' can also refer to...

 

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Debts originally classed as bad debts and written off to the profit and loss account (or to a provision for bad and doubtful debts) but subsequently recovered either in part or in full. Bad debts recovered should be written back to the profit and loss account of the period (or to a provision for bad and doubtful debts).

Subjects: Accounting.


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