Allowance Method Flashcards
1
Q
Estimated uncollectibles
A
+Bad Debt Expense +Allowance for Doubtful Accounts
2
Q
Actual Uncollectibles
A
-Allowance for Doubtful Accounts -accounts receivable
Estimated uncollectibles
+Bad Debt Expense +Allowance for Doubtful Accounts
Actual Uncollectibles
-Allowance for Doubtful Accounts -accounts receivable