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lifetime expected credit losses in the context of Trade receivables

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › 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
    Member
    • Topics: 935
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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
    Keymaster
    • Topics: 11
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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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