I had some links to share regarding Taylor Swift and Barbie, but honestly you can easily search for that with your favorite search engine. Heck, you don’t have to search for it: go to any major website and they will have a story on them. Three or four stories, even. I greatly enj...
In your case, we can record the balance of the customer as bad debt. It means, the customer owes you money but you can't collect it. Recording the remaining balance as a bad debt expense account will zero out the balance. To do it, you ...