doubtful debt

Japanese banks will continue to write off and provide against masses of doubtful debts for several years to come.

Once a doubtful debt becomes uncollectable, the amount will be written off.

Provision for bad and doubtful debts are maintained.

Doubtful debts are those debts which a business or individual is unlikely to be able to collect.

Collector of bad and doubtful debts.

Charges to profit for bad and doubtful debts fell to 226.2 million dollars from 377.9 million dollars previously.

This is done to avoid over-stating the assets of the business as trade debtors are reported net of Doubtful debt.

Its charge to profits for bad and doubtful debts was slashed to just 98.5 million dollars from 392.1 million dollars the previous corresponding period.

Similarly, if the debtors' personal accounts are retained at total amount due, a valuation account on the credit - provision for doubtful debts is required.

When such a dispute occurs it is prudent to add this debt or portion thereof to the doubtful debt reserve.

While she was trying to keep her seat, Doubtful Debt reacted by bucking a bit, and Krone fell all the way off.

The new figure includes £28.04 per bill for non-payment estimated deficit, provision for bad and doubtful debts and interest payable on the collection fund.

The doubtful debt reserve holds a sum of money to allow a reduction in the accounts receivable ledger due to non-collection of debts.

Accruing depreciation, stock valuations, provisions for doubtful debts, etc., are subjective judgements which make historic cost profit subjective.

For example, these would include monthly review of aging of accounts receivable to determine the extent of reserves required for doubtful debts.

Doubtful Debt, the first of the six horses she was booked to ride, broke from the No. 2 stall in the gate, the second out from the railing.

Mr. Moss said the bank had made loans to "debtors whose ability to repay was at least doubtful," and that it had "very substantial bad and doubtful debts."

Royal Bank of Scotland has changed its accounting policies on insurance business, provisions for bad and doubtful debts, and premises and equipment for the year ended 30 September 1992.

(d) Explain briefly why accountants normally consider a provision for bad and doubtful debts necessary but are less likely to insist on a provision for discounts allowable to debtors.

The prior year figures for interest receivable and provisions for bad and doubtful debts have been reduced by £28m to reflect the more rigorous recognition of interest which is now in force.

But for the last few days, investors have begun to raise their hopes that it might actually start to chip away large chunks of the nation's bad and doubtful debt, estimated to be at least $560 billion.

The Central Bank has also issued guidelines on the statutory reserve requirement, capital adequacy, liquidity, classification of N.P.L. and provision for bad and doubtful debts, single lending limit, etc.

Japan's $600 billion in bad and doubtful debt has dragged down economic growth since 1991 and the Japanese appetite for imports has diminished, posing a threat to other economically troubled countries in Asia.

Successively, in descending helotic order: Poverty: that of the outdoor hawker of imitation jewellery, the dun for the recovery of bad and doubtful debts, the poor rate and deputy cess collector.

Krone, the most successful female rider in racing history, said "the saddle slipped" a few jumps after she came shooting out of the starting gate aboard the 3-year-old gelding Doubtful Debt in the third race.