The amounts that cannot be collected from charge customers are called
A) Collection Deficiency Expense.
B) Bad Debt Expense.
C) Loss from Uncollectible Accounts.
D) Uncollectible Charges Expense.

Question

Quizplus · Accepted Answer

Bad Debt Expense refers to the amount that cannot be collected from charge customers. Collection Deficiency Expense refers to the cost of collecting the amount owed, while Loss from Uncollectible Accounts and Uncollectible Charges Expense are not commonly used accounting terms.

The Amounts That Cannot Be Collected from Charge Customers Are