Propose
irrecoverable debts to be written off or they may employ strategies to recover receivables in cases of debtor bankruptcy
Revision of adjustments include: prepayments, accruals, depreciation,
irrecoverable debts, doubtful debts, additional income and profit / loss on disposal of non-current assets
For use with the AQA Accounting (new spec) Revision of adjustments include: prepayments, accruals, depreciation,
irrecoverable debts, doubtful debts, additional income and profit / loss on disposal of non-current assets
The mechanisms of this international capitalist recession, the latest of which, to date, some would like to see as the first crisis of world capitalism, are well known: contraction in production and trade; deflationary trends; massive growth in the volume of loans accumulated by international banks on countries or on the major industrial and banking groups, loans which become transformed into
irrecoverable debts; brutal capital withdrawals from countries by the major financial operators, which live from the revenue from parasitical investments in bonds, shares and other derivatives.