Sir I have a confusion with Bad debts
In certain scenarios they remove the bad debts from the budget and in other scenarios they don't
Please explain me why they do this
Ask the Tutor ACCA MA
Budget Preparation
It depends what budget you are preparing.
If it is a cash budget then we need the cash actually received and if there are irrecoverable debts then the cash received will be less than the amount of the sales.
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