Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

Which method of recording uncollectible accounts expense is consistent with accrual accounting? allowance or direct write off?

user-image
Question added by Mohammad Alkhateeb , Accountant , D'ARC
Date Posted: 2016/11/28
AHMAD OMAR  CMA-CertIFR
by AHMAD OMAR CMA-CertIFR , Accounting Manager , NADIA BAKHURJI ARCHITECTS & INTERIOR DESIGN CONSULTANTS

Allowance for doubtful accounts - this method help the company to estimate the bad debt and apply the matching principle between bad debt expenses and related sale in the same period.

More Questions Like This