Account Receivable || Bad Debt || Allowance for Bad Debt || ACCA, Bcom, BBA & MBA ||
Автор: Place of Practical Learning
Загружено: 2020-06-05
Просмотров: 3643
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In this video I have discussed the Basic Concept of account receivable its recording and ledger posting as well and also how to calculate Bad debt based adjustment.
Accounts Receivable (AR) is the proceeds or payment which the company will receive from its customers who have purchased its goods & services on credit. Usually the credit period is short ranging from few days to months or in some cases maybe a year.
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