What does adverse accounts mean?

Answer:

An Adverse account means a delinquent account. An account that has not received on time monthly payments, or payments at all.

First answer by ID1203915587. Last edit by Yvetteace. Contributor trust: 68 [recommend contributor ]. Question popularity: 1 [recommend question].

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What you mean by account?
Account means a single entry in double entry system such as i purchase some thing for business i recorded for example Land debit and money credit these debit and credit are called accounts in...
What is adverse means?
untoward
What does adverse mean in this sentence I am not adverse to your wishes?
The word you probably want is "averse." It means strongly disinclined. In this case, it is a negative of the negative, so that "I am not averse to your wishes" means that the speaker has no...
What does 'on account' mean?
It means "because of"
What does mean writing off an account?
Canceling the balance of a customer account because the customer does not pay is called writing off an account.