Accounting 0452 · IGCSE · Irrecoverable debts and provision for doubtful debts

Irrecoverable debts and provision for doubtful debts — practice question

For what reason would a trader treat money owed by a credit customer as an irrecoverable debt?

  • Abecause the credit customer has not paid their account at the end of the trading period
  • Bbecause the credit customer has not paid their account by the due date
  • Cbecause the credit customer is no longer buying goods from the trader
  • Dbecause the credit customer is not able to pay their account

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