ACCT_101_AccountingforUncollectibleAccounts_SEU - Accounting for Uncollectible Accounts ACCT 101 Principles of Accounting for Uncollectible Accounts

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ACCT 101: Principles of Accounting Accounting for Uncollectible Accounts
ACCT 101: Principles of Accounting Accounting for Uncollectible Accounts Overview Not all Accounts Receivable will be collected Record Bad Debts Expense in current period Follows matching principle
ACCT 101: Principles of Accounting Accounting for Uncollectible Accounts Key Journal Entries Recording bad debts expense: Writing off a specific account: Bad Debt Expense………… ………….…… $$$ Allowance for Doubtful Accounts …. $$$ Accounts Receivable……… …………. $$ $
ACCT 101: Principles of Accounting Accounting for Uncollectible Accounts Percent of Sales Method
ACCT 101: Principles of Accounting Accounting for Uncollectible Accounts Percent of Sales Method
ACCT 101: Principles of Accounting Accounting for Uncollectible Accounts Percent of Sales Method
ACCT 101: Principles of Accounting December 31 adjusting entry Accounting for Uncollectible Accounts

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