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On which financial statement would you expect to find Allowance for Doubtful Accounts?

Balance Sheet*  Income Statement

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Question added by abdelaziz allam , محاسب اول , شركة كامبردج مصر للاستثمار التعليمي ش.م.م
Date Posted: 2016/02/11
Tamer Hassan
by Tamer Hassan , Senior accountant , Egyptian company for trading & agencies

Shown in the statement of the financial position 

Deleted user
by Deleted user

statement of financial position (balance sheet) shown doubtful Accounts.

Deleted user
by Deleted user

Balance Sheet or Statement of Financial Position

Nadeem Mohammed
by Nadeem Mohammed , Chief Accountant , International Energy Company

Off course Balance sheet it is

M Umar Azam
by M Umar Azam , Senior Accountant , Mustafa Furnishing Industries FZC

Allowance for doubtful debt is shown in Statement of Financial Position(Balance Sheet) under 'Current Assets' Immediately after receivables as deduction, or receivables amount can be shown as net of allowance for doubtful debts. 

Mohamed Aly
by Mohamed Aly , Financial Manager , Amin International Group A.I.G “Retail Company

Balance Sheet, it should be by deducted from the accunts receivable

abdelaziz allam
by abdelaziz allam , محاسب اول , شركة كامبردج مصر للاستثمار التعليمي ش.م.م

Balance Sheet...................

Md. Shahrier Aswad
by Md. Shahrier Aswad , Accounts Officer, Finance & Accounts Department , Center for the Rehabilitaion of the Paralysed (CRP)

In the "Statement of Financial Position", of any kind of business, who works with credit transaction.

Abu Bakar Ashfaq
by Abu Bakar Ashfaq , Senior Consultant , PricewaterhouseCoopers Middle East

you will  find it in Notes to the accounts

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