Calculating Bad Debt Expense and Allowance for Doubtful Accounts

This video highlights the calculations for Bad Debt Expense and Allowance for Doubtful Accounts using the Income Statement Method (Percentage of Sales) and a Balance Sheet Method (Percentage of Accounts Receivable. T-accounts are used to show the effect of each calculation on Allowance for Doubtful Accounts. Examples are given for both a debit and credit starting balance in Allowance for Doubtful Accounts.

[keeganl]

6 years later, at 2:30am, exam the morning, just want to say thank your soul!!!

[CroissantOnMSG]

I enjoy how thorough you are. No matter how many views you get, just remember that you have a solid 14.5 k people who appreciate you. Thank you

[angielinza-wiesen]

I've spoken with 2 different professors and didn't get the % of Receivables when there is a DR balance.  I watched your 17 minute video and I get it!! Thank you so much. I really appreciate it. My homework is going to be a breeze and I'm not stressing this weeks quiz. Priceless!!

[joshuanaresh]

this video is so helpful i'm literally commenting 7 years from release and it's saving me before me midterm ty :)

[yanetyanet]

This video is great! I’m studying for an accounting exam and you made clear all my doubts about this two methods. Thanks a lot for sharing! 😁

[yumehasu]

Okay, I know this is a 2013 video but I wanted you to know that here in 2019, you saved me. Read the entire chapter, practiced the exercises with the solutions manual, and I still didn't get it. They didn't explain the reasoning for the calculations. You were able to break the mental blockage I had, I finally get it now, thank you so much.

[alphonseroyer]

The colour separation really helped me understand the bigger picture of this concept. Thank you so much 🙏🏼

[neelsavla]

I saw this video again for revising a concept for CFA and every time I'll see this, I'll drop in a thank you!

[khadijahsmith]

I love this. I have discussed this with my professor a hundred times and could never understand the placement in the t-accounts

[jessbourdon]

Can't even tell you how much I appreciated this video as well as the previous! More helpful than my professor!!! Thank you

[greenlizardballs]

Your ability to teach is freakishly good..

[keciafletcher]

This video was so helpful. You broke everything down and went step by step making it easy to understand. Thanks!!!

[pbandino]

Kristin, I'm so happy that I found you...thank you so much for this video...

[taurusmadric-morris]

You are awesome. I was so confused, but your step by step, detailed information is a breath of fresh air. Thank you

[MD-kirb]

Thank you for clear instruction. This is very helpful. I was struggling with balance sheet method for calculating bad debt expense, and this helps.

[Gritino]

Accounting is my major and it is a love-hate relationship. I love it, but it is difficult to understand at times. Thank you so much for your videos, you have made accounting understandable to me. Keep it up, you are helping a ton of people!

[agathaventers]

I've been struggling with this topic for a couple of weeks - my instructor has been calling the methods Sales and Receivables and I was so so lost. This video has helped a lot. Thank you!

[ammarjarrah]

Thx a lot Miss. Kristin, you are one of the best teachers on the youtube. 💙💙💙💙

[khanskingdom]

One of the best videos out there. I have been confused for a month and this videos cleared all my confusion!

[saraspencer]

Thank you!! Your video made this theory click in my brain. I appreciate this video so much!