Similar words: bad debt, bad debts, expense, expenses, spare no expense, daily expenses, at the expense of, living expenses.
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1. Results in bad debt expense being increased during the period.
2. Results in bad debt expense being reduced for the period.
3. Because less of a bad debt expense provision will be needed next year due to the overstated allowance account, net income will be higher next period .
4. In this case, the overstatement of bad debt expense unjustifiably understates the present year's net income .
5. In addition, companies are required to make prudent estimates against revenues that are recorded but may not be received, called a bad debt expense .
6. Another aspect , it do not compete with to selling the period income matching each other in a bad debt expense .
More similar words: bad debt, bad debts, expense, expenses, spare no expense, daily expenses, at the expense of, living expenses, expense account, accrued expenses, operating expenses, variable expenses, unsecured debt, expensive, indebted, current expenditure, inexpensive, expensively, recurrent expenditure, expensiveness, inexpensively, indebtedness, government expenditures, secured debt, expend, expended, expending, expendable, expenditure, suspense.