Learning Outcomes
- Compute and journalize bad debt expense under the allowance method (percentage of sales)
- Compute and journalize bad debt expense as a percentage of receivables (balance sheet method)
Candela Citations
CC licensed content, Original
- Practice: Estimating Bad Debt Expense and Uncollectible Accounts. Authored by: Mike Zerrahn. Provided by: Lumen Learning. License: CC BY: Attribution