Sentence examples for for doubtful debts from inspiring English sources

"Net operating expenses at £21.1m are in line with last year, with base salary costs at similar levels and reduced matchday costs offset by higher maintenance expenditure and provisions for doubtful debts," explained Johnston.

Accounting for doubtful debts presupposes credit sales, so begin by recording the sale in the general journal.

The People's Republic has also accumulated a mountain of doubtful debts in recent years.

Analysts believe the remainder could also be ­written off while the bank's provision for bad and doubtful debts could rise to more than £14bn.

There was also a lower charge between October and December last year for bad or doubtful debts at the Glasgow-based lender.

"Higher income and a lower charge for bad and doubtful debts were offset by an increase in expenses largely related to further provisions raised for conduct and redress matters".

The PBO report said earlier budget costings tended to underestimate the true cost of student debt because they did not include estimates of doubtful debt and the cost of the government paying interest on borrowings to pay for student loans.

It said the amount of doubtful debt, which is not expected to be repaid, is projected to increase from $1.9bn in2015-162015-16bn in 2025-26.

Viewed from the Melbourne headquarters, the UK bad and doubtful debts were seen as the main reason for a fall in earnings, added to the cost of compensation for mis-sold financial products at the Clydesdale and Yorkshire.

It has now underwritten a massive £280bn of bad and doubtful debts.

NAB said this deterioration reflected ongoing weakness in the UK economy, and that bad and doubtful debts were lower at the Clydesdale "but remain elevated".