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Receivables

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FA – FIA FFA › Receivables

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  • March 15, 2022 at 1:12 pm #651319
    sainikmishra4
    Participant
    • Topics: 9
    • Replies: 4
    • ☆

    Why decreasing Allowance for receivable is added to irrecoverable debt ??

    March 15, 2022 at 4:55 pm #651330
    John Moffat
    Keymaster
    • Topics: 56
    • Replies: 51573
    • ☆☆☆☆☆

    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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