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accounting question: which method of accounting for bad debts expense?


is this: accounts receivable
allowance for doubtful accounts
sales

is it the direct write off method or the allowance method. and can you tell?

538 day(s) ago

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Answers (1)

EchoMan 		Your question is incomplete.

In a direct write-off,
Dr Bad debts expense xxx
Cr AR xxx

If an allowance is made:
Dr Doubtful debts expense xxx
Cr Allowance for doubtful debts xxx

Posted 538 days ago

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