Bad debt example sentences

Since all the sales in these shops are made on cash basis, there are no losses on account of bad debts.Since the mail order houses do not extend credit facilities to the customers, there are no chances of any bad debt on account of non payment of cash by the customers.The factor becomes responsible for all credit control and debt collection from the buyer and provides protection against any bad debt losses to the firm.Recording all the revenue expenditure items appeared on the debit side of trial balance on the debit side of income statement after making adjustments for outstanding, prepaid expenses, depreciation, provisions for bad debts, taxes, etc.Under recourse factoring, the client is not protected against the risk of bad debts.As generally the sales are made on cash basis, there are no bad debts in super markets.The provision for doubtful debts is usually calculated as a certain percentage of the total amount due from sundry debtors after deducting/writing-off all known bad debts.In this arrangement there is no risk of bad debt, as the goods are handed over to the buyers only after he makes full payment.