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Facing bad debts could be a really huge problem for a business organisation. Most of the companies may avoid it and the fact of the matter remains that facing bad debts might be inevitable. However, there could be certain things that could be done to avoid bad debts, so what can you do to make...

Bad debts may refer to a condition where a company cannot collect the amount of money which is owed to them by a different party. Bad debts may affect a company in a really negative manner. In such cases, bad debt is not recoverable and it should be written-off by the accountant of the company...