If this quarter's credit sales total $500,000, it would record a $10,000 addition to the allowance for doubtful accounts and a corresponding $10,000 bad debt expense. Accounts Receivable Aging ...

All debt isn't created equal. Generally, debt is broken down into two categories: good and bad. The categories aren't based on how you feel about taking on that debt, but rather how it affects ...

Banks' net charge-offs reached $1B for office space alone in the fourth quarter, as banks are writing down bad debt, which ...