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Difference between bad debt expense and receivable write-off

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Question - What is the difference between Bad Debt Expense and Receivable Write-off?

Bad Debt Expense reduces Accounts Receivable and Receivable Write-off reduces NI

Bad Debt Expense reduces NI and Receivable Write-off raises NI

Bad Debt Expense reduces the allowance account and Receivable Write-off does not change it

Bad Debt Expense raises the allowance account and Receivable Write-off reduces it

There is no difference

Reference no: EM132861859

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