Accounting for Receivables and Bad Debt
- 4.2
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Brief Introduction
This course presents the proper accounting for receivables surrounding uncollectible accounts and bad debt.Description
This accounts receivable training covers the proper accounting for receivables and related issues surrounding uncollectible accounts/bad debts. A brief discussion of the direct write-off method will explain why the allowance method is the better approach. The subtle differences between the Balance Sheet approach vs. the Income Statement approach are presented. Additionally, simple interest on notes receivable are calculated and detailed examples are provided.
Requirements
- Requirements
- No advanced preparation or prerequisites are needed for this course.
Illumeo Learning
4.2 Raiting
Accounting–Financial Accounting Total-Beginners to Advanced
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Excel - accounts receivable valuation, allowance method, direct write off method, valuation of notes receivable, Bookkeeping problems in Excel. ...
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