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Final Accounts of a Proprietary Concern — Book Keeping & Accountancy STD 11 Commerce / Arts — Question

Maharashtra BoardEnglish MediumSTD 11 Commerce / ArtsBook Keeping & AccountancyFinal Accounts of a Proprietary Concern1 Mark
Question
What do you mean by bad debts?
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Answer

The debts which are not recoverable in spite of repeated efforts to collect the same are called bad debts.

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