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Bad debts means which of the following?

 

  1. Amounts owed to a company that are going to be paid within a month
  2. Amounts owed to a company that are not going to be paid
  3. Amounts owed to a company that are going to be paid within one year
  4. Amounts owed to a company that are going to be paid within six months
  5. Amounts owed to a company that are going to be paid within three years

 

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