can any one plz tell me.....when to calculate bed debts when goods are repossessed by the hire vendor...? and how to calculate it..???
Rameshwar Patel (Article Assistant) (366 Points)
23 March 2011can any one plz tell me.....when to calculate bed debts when goods are repossessed by the hire vendor...? and how to calculate it..???
Sindhuja
(Articled Assistant)
(36 Points)
Replied 24 March 2011
When to calculate depends on the policy of the buisness.
Bad debt is d cost of installment due but not collected