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Bad Debt: Aging of Accounts Receivable Method
Автор: Kristin Ingram
Загружено: 2013-11-03
Просмотров: 75261
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This video reviews the Aging of Accounts Receivable Method to calculate bad debt expense and allowance for doubtful accounts. T-accounts are used to figure out the amount that should go into the journal entries. Examples are completed for a credit balance in Allowance for Doubtful Accounts and a debit balance in Allowance for Doubtful Accounts. Journal entries are also shown.
Check out my bad debt and allowance for doubtful accounts study guide: • Calculating Bad Debt Expense and Allowance...
For more help with accounting, please visit my website http://AccountingInFocus.com.
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