Bad Debt: Aging of Accounts Receivable Method

This video reviews the Aging of Accounts Receivable Method to calculate bad debt expense and allowance for doubtful accounts. T-accounts are used to figure out the amount that should go into the journal entries. Examples are completed for a credit balance in Allowance for Doubtful Accounts and a debit balance in Allowance for Doubtful Accounts. Journal entries are also shown.

Check out my bad debt and allowance for doubtful accounts study guide: Calculating Bad Debt Expense and Allo...

For more help with accounting, please visit my website http://AccountingInFocus.com.

• #education
• #bad_debt
• #aging_of_accounts_receivable
• #allowance
• #allowance_for_doubtful_accounts
• #calculation
• #formula
• #aging_schedule
• #uncollectible_accounts
• #analysis_of_receivables_method