Bad debts means amounts considered to be uncollectible from
Bad debts means any portion of a debt related to a sale of local telecommunication services, the gross charges for which are not otherwise deductible or excludable, that has become worthless or uncollectible, as determined under applicable federal income tax standards. If the portion of the debt deemed to be bad is subsequently paid, the service provider shall report and pay the tax on that portion during the reporting period in which the payment is made.
Examples of Bad debts in a sentence
Bad Debts Miscellaneous Operating Expenses (Specify) Total Operating Expenses Net Gain/Loss from Business Operations B.
Establishing Allowance for Bad Debts Related to Accounts Receivable As for current trade receivables on the date of balance sheet, the Company is establishing allowance for doubtful account based on actual bad debts experience in the past and estimated bad debts.
Provision for Bad Debts The Company is exposed to credit risk on certain assets, primarily accounts receivable.
Provision for Bad Debts Provision for bad debts is maintained at a level considered adequate to provide for potentially uncollectible receivables.
See CAP 83.0 for detailed policy and procedures on Doubtful Accounts and Bad Debts.
More Definitions of Bad debts
Bad debts means amounts considered to be uncollectable from
Bad debts means uncollectible amounts, excluding contractual adjustments, arising from failure to pay by patients whose care has not been classified as charity care;
Bad debts means those amounts considered to be uncollectible from accounts and notes receivable which were created or acquired in providing covered services that are eligible for payment through Medicaid federal financial participation.
Bad debts means claims arising from rendering patient care services that the hospital, using a sound credit and collection policy, determines are uncollectible, but does not include charity care.
Bad debts means the year-end adjustment to a hospital’s allowance for doubtful accounts due to the non-reimbursement of services rendered to patients from whom reimbursement was expected, resulting in the recording of bad debt expense. Bad debts exclude any financial activity not associated with patient accounts receivable;
Bad debts means amounts considered to be
Bad debts means uncollectible amounts, excluding contractual adjustments, arising from failure to pay by patients whose care has not been classified as Financial Assistance;