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lifetime expected credit losses in the context of Trade receivables

This topic has 1 reply, 2 voices, and was last updated 1 year ago by Stephen Widberg.

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May 16, 2021 at 6:15 am #620703
Noah098
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sir what do lifetime expected credit losses in the context of trade receivables mean?
Provision for doubtful doubts? or Bad debts?
May 16, 2021 at 9:39 am #620721
Stephen Widberg
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Provision for doubtful debts
BUT in the exam
It is ALLOWANCE nor provision
You can only use the word provision for liabilities
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