English Deutsch Français Italiano Español Português 繁體中文 Bahasa Indonesia Tiếng Việt ภาษาไทย
All categories

If a Bad Debts account $9,500....what effect would a $1,230 write-off have on the net income for the year?

2006-10-11 06:57:03 · 1 answers · asked by iGNORANT GiRL 4 in Business & Finance Other - Business & Finance

1 answers

its is a bad thing. this would decrease the amount of money you get from people who owe you money. instead of it being an asset, it becomes an expense. the 1,230 would decrease the net income for the year.

2006-10-11 07:00:47 · answer #1 · answered by Drew 1 · 0 0

fedest.com, questions and answers