Definitions of bad debt reserve
money set aside to cover debts owed to a company that cannot be collected
For IFRS financial reporting purposes, the only allowable method for recognizing bad debts is to establish a bad debt reserve.
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bad debt reserve means:
substantivo
full
noun
money set aside to cover debts owed to a company that cannot be collected
For IFRS financial reporting purposes, the only allowable method for recognizing bad debts is to establish a bad debt reserve.