The amount owed that is written off the practice's expected accounts receivable when collection efforts are discontinued is called ____.

Name: The amount owed that is written off the practice's expected accounts receivable when collection efforts are discontinued is called ____.
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Question

Quizplus · Accepted Answer

Both terms "bad debt" and "uncollectible amount" are used to describe money owed to a practice that is written off when collection efforts are discontinued, making both options correct.

The Amount Owed That Is Written Off the Practice's Expected