An alternative name for Bad Debts Expense is
A) Deadbeat Expense.
B) Uncollectible Accounts Expense.
C) Collection Expense.
D) Credit Loss Expense.

Question

Quizplus · Accepted Answer

Bad Debts Expense is an expense account that represents the amount of accounts receivable that are expected to be uncollectible. Alternative names for Bad Debts Expense include Uncollectible Accounts Expense or Allowance for Doubtful Accounts. Choice A, Deadbeat Expense, is not a commonly used term and may be considered unprofessional. Choice C, Collection Expense, pertains to the costs incurred in the collection of accounts receivable, which is a separate account. Choice D, Credit Loss Expense, may be confusing as it could refer to losses incurred by the company due to a variety of reasons, not just bad debts.

An Alternative Name for Bad Debts Expense Is