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Step: Write Off Bad Debt in QuickBooks

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Posted: 6/29/2021 7:57:00 AM
By: accountinghub
New York, NY
A bad debt is an amount that a business or a corporation is unable to get over the debtor just in case the borrower has gone bankrupt or is unable to pay the debt for a few reasons. Debt issues can severely affect the profit and loss reports while reconciling the accounts in QuickBooks, lets look how to write off bad debt in QuickBooks.