Leetpurple
Level 3
03-07-2021
02:24 PM
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Hi! You've been so helpful in the past, I have another question. I have an accrual based S corp client who never tracked Accounts Receivable. He now has Bad Debts, and I am trying to figure out a way to use these Bad Debts as an expense. I actually don't think I can as we haven't been tracking Accounts Receivable, but perhaps someone has a suggestion?
Thanks in advance.
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