When Does An Account Become Uncollectible? – (FIND THE ANSWER)

When Does An Account Become Uncollectible? – (FIND THE ANSWER)

There is no set rule as to when an account becomes uncollectible. Determining when an account is uncollectible involves a judgment call based on the customer’s payment history and ability to pay. It is important to consider all the factors when assessing when an account becomes uncollectible. Understanding Uncollectible Accounts Receivable Uncollectible accounts receivable (UAR) …

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