Bad Debts in a sentence
(1) The adjusting entries were made to account for bad debts.
(2) The company's sales were affected by customers with bad debts.
(3) The bad debts were charged off against the accounts receivable.
(4) The business struggled to recover from the burden of bad debts.
(5) The method of accounting for bad debts is the allowance method.
(6) The accountant had to write off some of the company's bad debts.
(7) The company's profitability was negatively impacted by bad debts.
(8) The business suffered a major setback due to a surge in bad debts.
(9) The company's reputation suffered due to a high number of bad debts.
(10) The company had to hire a debt collection agency to recover bad debts.
Bad Debts sentence
(11) The company had to write off some bad debts that were never collected.
(12) The bank incurred significant losses due to a high number of bad debts.
(13) The business faced legal action from creditors due to unpaid bad debts.
(14) The business had to take legal action against customers with bad debts.
(15) The company had to resort to debt restructuring to manage its bad debts.
(16) The carrying value of the accounts receivable was adjusted for bad debts.
(17) The account receivable aging analysis helps identify potential bad debts.
(18) The organization struggled to secure loans due to a history of bad debts.
(19) The company's shareholders were concerned about the increasing bad debts.
(20) The net book value of the accounts receivable was adjusted for bad debts.
Bad Debts make sentence
(21) The business had to set aside a reserve fund to cover potential bad debts.
(22) Credit insurance can be a cost-effective way to protect against bad debts.
(23) The company's bad debts were charged off against its profits for the year.
(24) The company's bad debts were a result of customers who declared bankruptcy.
(25) The net book value of the company's receivables was adjusted for bad debts.
(26) The company's cash flow was severely affected by a high level of bad debts.
(27) The organization had to write off bad debts as a loss in its annual report.
(28) The carrying value of the accounts receivable was reduced due to bad debts.
(29) The company's bad debts were a result of customers who went out of business.
(30) The organization implemented stricter credit policies to minimize bad debts.
Sentence of bad debts
(31) The company's credit rating was downgraded due to a high level of bad debts.
(32) The business had to seek financial assistance to recover from its bad debts.
(33) The organization had to implement stricter credit checks to avoid bad debts.
(34) The company employs the direct write-off method of accounting for bad debts.
(35) The company's financial statement showed a significant increase in bad debts.
(36) The accounts receivable aging analysis helps us identify potential bad debts.
(37) The company had to tighten its credit control measures to minimize bad debts.
(38) The company's bad debts were a reflection of the challenging economic climate.
(39) The net book value of the company's receivables was adjusted for any bad debts.
(40) The company's accruals for bad debts have increased due to economic conditions.
Bad Debts meaningful sentence
(41) The company had to write off several bad debts due to non-payment by customers.
(42) The organization had to lay off employees to cope with the burden of bad debts.
(43) The CFO presented a report on the company's bad debts to the board of directors.
(44) The company's financial statements were impacted by a large amount of bad debts.
(45) The organization had to make provisions for bad debts in its financial planning.
(46) The business had to negotiate payment plans with customers to recover bad debts.
(47) The company's bad debts had a negative impact on its cash flow and profitability.
(48) The company had to debit down their accounts receivable to account for bad debts.
(49) The business had to write off a substantial amount of bad debts as uncollectible.
(50) The business had to seek professional advice to manage its bad debts effectively.
Bad Debts sentence examples
(51) The circularisation of the customer accounts helped identify potential bad debts.
(52) The company's bad debts were a cause for concern among investors and stakeholders.
(53) The bankster's fraudulent loan approvals led to a surge in bad debts for the bank.
(54) The organization had to write off bad debts as a loss in its financial statements.
(55) The CEO implemented stricter credit policies to reduce the occurrence of bad debts.
(56) The organization had to hire additional staff to handle the collection of bad debts.
(57) The auditor suggested that the company liquidate liability by writing off bad debts.
(58) The external audit revealed that the company had not properly accounted for bad debts.
(59) The company's financial stability was at risk due to a significant amount of bad debts.
(60) By using a factoring service, you transfer risk from potential bad debts to the factor.
Sentence with bad debts
(61) The CEO held a meeting with the sales team to discuss strategies for reducing bad debts.
(62) The CFO provided a detailed breakdown of the company's bad debts in the financial report.
(63) The company implemented stricter credit control policies to defray losses from bad debts.
(64) The net realizable value of the company's accounts receivable was adjusted for bad debts.
(65) The credit department implemented a more rigorous screening process to minimize bad debts.
(66) The finance team worked closely with collection agencies to recover outstanding bad debts.
(67) The finance department worked diligently to recover as much as possible from the bad debts.
(68) The company's bad debts were a topic of discussion during the annual shareholders' meeting.
(69) The company's bad debts were a result of customers who intentionally defrauded the company.
(70) The company's bad debts were a result of customers who consistently paid late or not at all.
Use bad debts in a sentence
(71) The finance department implemented stricter credit limits to minimize the risk of bad debts.
(72) The company's bad debts were a result of economic downturn and increased customer insolvency.
(73) The accountant was tasked with analyzing the impact of bad debts on the company's bottom line.
(74) The finance department implemented a new software system to better track and manage bad debts.
(75) The company's bad debts were primarily attributed to customers who defaulted on their payments.
(76) The company's bad debts were a result of customers who disputed the charges and refused to pay.
(77) The finance team analyzed the interest receivable accounts to identify any potential bad debts.
(78) The company's receivables were revalued by the accountant to account for any potential bad debts.
(79) The company's bad debts were a result of customers who experienced unexpected financial hardships.
(80) The company had to gross up the accounts receivable to accurately reflect the potential bad debts.
Sentence using bad debts
(81) The finance team conducted a thorough analysis of the bad debts to identify any patterns or trends.
(82) The liquidation value of the company's accounts receivable was lower than expected due to bad debts.
(83) The credit department conducted regular reviews of customer accounts to identify potential bad debts.
(84) The company's bad debts were written off as uncollectible after all collection efforts were exhausted.
(85) The finance department is closely monitoring the aging of receivables to identify potential bad debts.
(86) The CEO emphasized the importance of proactive credit management to reduce the occurrence of bad debts.
(87) The accounts receivables aging report helps us identify potential bad debts and take appropriate action.
(88) The sales team was trained on how to identify potential bad debts during the customer onboarding process.
(89) The finance team collaborated with legal counsel to pursue legal action against customers with bad debts.
(90) The valuations of the company's accounts receivable need to be regularly reviewed for any potential bad debts.
(91) The adjusting entry for bad debts was necessary to account for the accounts receivable that were unlikely to be collected.
(92) The auditors recommended that the company establish a reserve for bad debts to minimize the impact of future write-offs as uncollectible.
Bad Debts meaning
Bad debts are a common financial issue that many individuals and businesses face. A bad debt is a debt that is unlikely to be paid back by the borrower. This can be due to a variety of reasons, such as the borrower's financial situation, bankruptcy, or simply refusing to pay. If you are dealing with bad debts, there are several tips that you can follow to manage the situation effectively. Here are some of the most important tips to keep in mind:
1. Keep track of your bad debts: The first step in managing bad debts is to keep track of them. This means keeping a record of all the debts that are unlikely to be paid back. This will help you to identify the extent of the problem and develop a plan to address it.
2. Communicate with the borrower: If you have a bad debt, it is important to communicate with the borrower. This can help you to understand their situation and work out a plan to repay the debt. It is important to be firm but fair in your communication, and to avoid making threats or becoming aggressive.
3. Consider legal action: If the borrower refuses to pay or is unable to pay, you may need to consider legal action. This can involve taking the borrower to court or engaging a debt collection agency. It is important to seek legal advice before taking any action, as there may be legal requirements that you need to follow.
4. Write off the debt: In some cases, it may be necessary to write off the bad debt. This means accepting that the debt is unlikely to be paid back and removing it from your accounts. This can be a difficult decision to make, but it may be necessary to avoid further financial losses.
5. Learn from the experience: Dealing with bad debts can be a challenging experience, but it can also be a valuable learning opportunity. Take the time to reflect on what went wrong and how you can avoid similar situations in the future. This may involve improving your credit checks, setting clearer payment terms, or developing better communication strategies.
In conclusion, bad debts can be a difficult financial issue to deal with, but there are several tips that you can follow to manage the situation effectively. By keeping track of your bad debts, communicating with the borrower, considering legal action, writing off the debt if necessary, and learning from the experience, you can minimize the impact of bad debts on your finances and move forward with confidence.
The word usage examples above have been gathered from various sources to reflect current and historical usage of the word Bad Debts. They do not represent the opinions of TranslateEN.com.