Direct write off Method of Account Receivable | Financial Accounting Course | CPA Exam ch 7 p 2

Описание к видео Direct write off Method of Account Receivable | Financial Accounting Course | CPA Exam ch 7 p 2

In this video, I discuss direct write off method.Under the direct write off method, when a small business determines an invoice is uncollectible they can debit the Bad Debts Expense account and credit Accounts Receivable immediately. The direct write-off method is an accounting method by which uncollectible accounts receivable are written off as bad debt.

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