Bad Debts-Balance Sheet and Income Statement Approaches

Video Link: https://youtu.be/vwB5TE4iRcw

In this video, I have explained:

1) Computation for estimated bad debts using balance sheet approach

2) Computation for estimated bad debts using income statement approach

3) Recording of recovery of previously written off accounts receivable

4) The differences between balance sheet and income statement approach to estimate bad debts

Exercise Files
Valuation of Accounts Receivable-Qno 5 and 7 (pdf)
280.50 KB
Valuation of Accounts Receivable-Qno 6 (pdf)
182.02 KB
Valuation of Accounts Receivable-Qno 10 (pdf)
184.07 KB
Valuation of Accounts Receivable-Qno 12 (pdf)
182.74 KB
Valuation of Accounts Receivable-Qno 14 (pdf)
166.04 KB
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