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MDcpa05
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Do I put bad debt as an expense on the income statement or do i put in on the balance sheet?
449 day(s) ago
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(1)
tranglu
Expenses go on the income statement, including bad debt expense. The other side of the entry is accrual or reserve for bad debt, which is on the balance sheet.
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Do I put bad debt as an expense on the income statement or do i put in on the balance sheet?
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