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Receivables

This topic has 1 reply, 2 voices, and was last updated 3 years ago by John Moffat.

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March 15, 2022 at 1:12 pm #651319
sainikmishra4
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- Topics: 13
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Why decreasing Allowance for receivable is added to irrecoverable debt ??
March 15, 2022 at 4:55 pm #651330
John Moffat
Keymaster
- Topics: 57
- Replies: 54699
It is not!!! The increase in the allowance is added to the irrecoverable debts expense.
This is all explained in my free lectures on irrecoverable and doubtful debts.
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