Published On Mar 31, 2024
In this video, I have explained:
1) How to compute bad debts expense by balance sheet approach
2) How to calculate ending balance of accounts receivable and allowance for bad debts for computation of bad debts expense
3) How to pass relevant entries and post them to the accounts receivable and allowance for bad debts and
4) How to calculate the net value of accounts receivable i.e. net realizable value
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