If a customer is making small but regular payments, is this anindication that an...

50.1K

Verified Solution

Question

Accounting

If a customer is making small but regular payments, is this anindication that an account may be collectible?

Answer & Explanation Solved by verified expert
3.6 Ratings (258 Votes)
Usually uncollectible accounts receivable are those amounts which are outstanding for a longer period of time and recovery from that receivables have not been received from a long period Also if a    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Transcribed Image Text

In: AccountingIf a customer is making small but regular payments, is this anindication that an account...If a customer is making small but regular payments, is this anindication that an account may be collectible?

Other questions asked by students