Bad Debt & Allowance for Bad Debts | Direct Write-Off, Balance Sheet & Income Statement Method

Описание к видео Bad Debt & Allowance for Bad Debts | Direct Write-Off, Balance Sheet & Income Statement Method

In this lesson, you will learn how to calculate and record bad debts, provision for bad debts, and how to adjust the provision for bad debts using the balance sheet and income statement methods. You will also learn how to record the allowance for bad debts in the balance sheet using the 2 methods. We also look at the direct write-off method of bad debts why we create an allowance.

Bad Debts & Allowance For Doubtful Accounts (Provision for bad debts) In Financial Statements:    • Bad Debts & Allowance For  Doubtful A...  

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