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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).
FA22 - Accounts Receivable Explained
Теги
Accounts ReceivableAccountancy (Field Of Study)Financial accountingreceivablesincome statement methodbalance sheet methodpercentage of salesaging of receivableswriting off bad debtsbad debt expenseallowanceallowance for doubtful accountsaccounts receivable journal entriesaccounts receivable tutorialwhat is accounts receivableaccounts receivable vs accounts payable
