Accounting for Bad Debts (Journal Entries) - Direct Write-off vs. Allowance

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  • Опубликовано: 13 сен 2024
  • Learn how to journalize for bad debts using the direct write-off method and thee allowance methods. This chart shows us the similarities and differences between these two methods.
    For more bad debt practice, please see the videos below:
    Direct Write off Method: • Accounting for Bad Deb...
    Allowance Method (Percentage of Sales): • Accounting for Bad Deb...
    Allowance Method (Aging/Analysis of Receivables): • Accounting for Bad Deb...

Комментарии • 24

  • @campbellblk7484
    @campbellblk7484 Год назад +18

    Here I am staring at my textbook for ten minutes trying to understand this topic and you explain it to me in four minutes. I guess we have all learn differently. Thank you so much.

  • @user-mi2wb5cx2g
    @user-mi2wb5cx2g 6 месяцев назад +2

    You are the best! I was completely lost, and I found you! I love you! You are my savior!

  • @abbieamavi
    @abbieamavi 5 месяцев назад +2

    Reviewing before my 2nd accounting exam tomorrow, thank you!!

  • @angelastewart-rodney8402
    @angelastewart-rodney8402 3 года назад +17

    Wow!!! I cannot emphasize enough how much I love your teaching. Many Thanks.

  • @mohdashraff2150
    @mohdashraff2150 2 года назад +4

    Thank you queen i pray that you'll never have a bad day in your life.

  • @dep512
    @dep512 3 месяца назад

    You mentioned all the important things for understanding this properly.

  • @josephfederico6362
    @josephfederico6362 3 года назад +5

    Thanks a lot....once u explained the credit to allowance for doubtful accounts everything fell into place

  • @rainesilk9791
    @rainesilk9791 5 месяцев назад +1

    Excellent explanation! Thank you so much!

  • @tatianafonseca5217
    @tatianafonseca5217 2 года назад +2

    This is god sent

  • @angelaw7055
    @angelaw7055 3 года назад +4

    Very clearly explained. Thank you!

  • @ExcelTutorials1
    @ExcelTutorials1 Год назад +1

    Thanks for the knowedge!

  • @Abdulrahman65440
    @Abdulrahman65440 4 года назад +5

    Thank you

  • @emailngmail
    @emailngmail 2 года назад +1

    Thank you for the succinct explanation

  • @gintokisakata5979
    @gintokisakata5979 3 года назад +3

    Thank you ms/mdm

  • @harp4015
    @harp4015 4 года назад +6

    I love your lessons

  • @Selena-Fraser
    @Selena-Fraser 4 года назад +3

    This is really helpful

  • @Selena-Fraser
    @Selena-Fraser 4 года назад +5

    Please keep posting

  • @emarshatai
    @emarshatai 2 года назад +1

    Great video. Thank you!

  • @trenton5531
    @trenton5531 4 года назад +3

    Thank you so much!!!!!

  • @min.a.t.simmons7195
    @min.a.t.simmons7195 4 года назад +2

    Awesome.

  • @kevinnunez9785
    @kevinnunez9785 2 года назад +4

    You are a goddess, thank you.

  • @kaiharrison2414
    @kaiharrison2414 Год назад +1

    How do you make the entry for partial payments for bad debt expense?

  • @toni.
    @toni. 4 года назад +3

    love u

  • @86ifyfarooq
    @86ifyfarooq 4 года назад +5

    Thank you