__________ are those debtors from where collection of money is not possible and amount given as a credit is certain loss.

Good Debts

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Bad Debts

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Doubtful Debts

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Solution

The correct option is B Bad Debts
Bad Debt is a debt which is not collectible and is worthless to the Creditor. It is usually a product of the debtor which has gone for bankruptcy. Bad Debts can also occur when the collection cost is more than the amount of the debt.

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__________ are those debtors from where collection of money is not possible and amount given as a credit is certain loss.

The correct option is B Bad DebtsBad Debt is a debt which is not collectible and is worthless to the Creditor. It is usually a product of the debtor which has gone for bankruptcy. Bad Debts can also occur when the collection cost is more than the amount of the debt.

The correct option is B Bad Debts
Bad Debt is a debt which is not collectible and is worthless to the Creditor. It is usually a product of the debtor which has gone for bankruptcy. Bad Debts can also occur when the collection cost is more than the amount of the debt.