Receivables

This topic has 1 reply, 2 voices, and was last updated 4 years ago by John Moffat.

Viewing 2 posts - 1 through 2 (of 2 total)

Author

Posts
March 15, 2022 at 1:12 pm #651319
sainikmishra4
Participant
- Topics: 13
- Replies: 4
Why decreasing Allowance for receivable is added to irrecoverable debt ??
March 15, 2022 at 4:55 pm #651330
John Moffat
Keymaster
- Topics: 57
- Replies: 54856
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.
Author

Posts

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.