Bad Debts Expense is debited when an account is determined to be <u>uncollectible</u> under the direct write-off method of accounting for uncollectible accounts,
Bad Debts Expense refers to the portion of account receivables that a firm has assumes not be recoverable from the debtor.
In conclusion, the Bad Debts Expense is debited when an account is determined to be <u>uncollectible</u> under the direct write-off method of accounting for uncollectible accounts,
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One thing for sure is it’s going to slope down soon
Answer:
Economic forces.
Explanation:
External trends and events significantly affect all products, services, markets and organization in the world.
External forces can be divided into five broad categories.
-Economic forces.
-Social, cultural, demographic and environmental forces.
-Political, governmental, and legal forces.
-Technological forces.
-Competitive forces.
The economic forces have a direct impact on the potencial attractiveness of various strategies. For example, if interest rates rice, the found needed for capital expansion become more costly or unavailable.