Bad Debt Expense Classification
The answer then is: bad debt expense need to be considered General and Administrative Expense in Profit & Loss account.
Thursday, October 3, 2013
Classification of Bad Debt Expense
Really should the bad debt expense be net off in the gross profit? or need to classified in other operating expenditure?
The answer then is: bad debt expense need to be considered General and Administrative Expense in Profit & Loss account.
The answer then is: bad debt expense need to be considered General and Administrative Expense in Profit & Loss account.
Posted By: Elmer Tamayo
