Accounting for Bad Debts (Allowance Method)

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This video walks students through accounting for bad debts using the Allowance Method.

The Accounting Prof

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The best explanation on YouTube, NOW I understand. Thanks!! it's been about an entire day of trying to understand this part.

aewcontrol

Explained this much better than my textbook could, Thank you!

ethangarrett

*this is by far the most detailed and best structured explanation, thank you*

raccoon

Finally a honest video showing how the financial statements are impacted and the trade-off which is inevitable - this gets so overlooked. Thanks!

makeittrades

Crystal clear for students! Appreciate very much, Sir!

MYTHOMINHTRAN

This video was great, I was so confused on how it effects the financial statements, thank you !

gabrielsocas

great video thank you please do stuff like this often you're really good at it!

shahimpanjwani

How long have you been teaching? You are good at it. Thank you soo much. Most professors do not go into the simple way of explaining it.

marisol

THANK YOU SO MUCH THIS WAS SO CLEAR AND WELL EXPLAINED

jqkvx

Excellent video, thanks! I really liked the explanation of the timing at 7:41

autocanuckduck

Excellent explanation! Thank you so much!

rainesilk

best acct video i hv! save my life fr ❤

Anton-rcpt

Thanks a lot sir! this was very helpful, God bless you and ur fam♥

shine

Thank you for the video. This helped me so much! Please do more videos.

timadams

thank you so much ....my teacher made this look so hard

Spaceman

Thank you, I need it this for my Accounting 2 class, so what hapens if reconciliation was done. What hapens wen reversing A/R, Allowance?

claudia

Thank you sir, you are much better than all of my teachers haha

flormoreno

How can I print this out? I am creating a workbook for my board members to enlighten them on this process

lauriewalton

I have a question about the bad debt expense that we have created for 1000. if the amount of 50 is already collected, why there is no impact to bad debts expense since this is no more expense to us as we have already collected that amount. please explain.

rahulkumarsitap

Just tell me that bad debts to allowance for Doubtful debt entries will affect profit and loss account?

jyotisingh-whuo

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