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Module 5 examines receivables. We learn about the allowance for doubtful accounts and writing off bad debts. We learn two allowance methods: the percentage of sales method (income statement method) and the aging of receivables method (balance sheet method).
FA25 - How do you Write Off a Receivable?
Теги
Accounts ReceivableAccountancy (Field Of Study)Financial accountingreceivablesincome statement methodbalance sheet methodpercentage of salesaging of receivableswriting off bad debtsbad debt expenseallowanceallowance for doubtful accountswrite offaccounting for bad debtsbad debtsdirect write offwrite off bad debt
