[Answer] When does an account become uncollectible?

Answer: There is no general rule for when an account becomes uncollectible

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When does an account become uncollectible? How to Make a Schedule of Accounts Receivable | Bizfluent Key Takeaways Receivables Turnover Ratio – Definition Uncollectible Accounts Receivable - Money-zine.com Fri Apr 03 2020 · Accounts uncollectible are receivables loans or other debts that have virtually no chance of being paid . An account may become uncollectible for many reasons including the debtor's bankruptcy ... When Does An Account Become Uncollectible? (Correct Answer Below) A. when accounts receivable is converted into notes receivable B. when discount is availed on notes receivable C. there is no general rule for when an account becomes uncollectible D. at the end of the fiscal year Accounts uncollectible also known as uncollectible debts are accounts owed that have almost no chance of being paid off. While it is better for the customer’s credit score and overall financial health as well as for the lending company’s growth to receive these payments there are some debts that will simply never be paid. Sun Nov 21 2010 · " Bad debt expense or noncollectable accounts expense or doubtful accounts expense. When does an account or a note become noncollectable? There is no general rule for determining when an account ... When does an acco...

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