Accounting · Accounting Terms
In accounting, 'bad debts' refer to:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Dividends that a company must distribute to its stakeholders
- 2Receivables or debts that are deemed irrecoverable and written off as an expense✓
- 3Prepaid expenses that relate to subsequent financial periods
- 4Salaries that remain unpaid at the end of the calendar month
Correct answer
Receivables or debts that are deemed irrecoverable and written off as an expense
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Accounting?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Accounting Terms MCQs →Want more practice questions on Accounting Terms?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Accounting · Accounting Terms