Bad Debt & Allowance for Bad Debts | Direct Write-Off, Balance Sheet & Income Statement Method
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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 ...
49.4K viewsDec 23, 2018
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