business and finance question

Anonymous
timer Asked: Jun 24th, 2014
account_balance_wallet $5

Question Description

describe the various ways to record the disposition of accounts receivable. Which method do you think is best? Why?

Tutor Answer

khakaan
School: Carnegie Mellon University

account receivable can be deposit within two techniques:

if your client pays upwards:

Dr Money xxx

Cr AR xxx

or even if your volume will be created down:

Dr Free pertaining to unlikely reports xxx

Cr AR xxx

Just how usually are debt paid for for just this strong write-off procedure? Consider some of the advantages and disadvantages with this procedure?

Underneath the strong write-off procedure, just how much not valuable will be taken up price;

Dr Bad debts price xxx

Cr AR xxx

A benefit will be in which not any appraisal becomes necessary. You only compose down any financial debt as soon as it's got turn out to be undesirable.

don,t forget to rate me 


flag Report DMCA
Review

Anonymous
Thank you! Reasonably priced given the quality not just of the tutors but the moderators too. They were helpful and accommodating given my needs.

Similar Questions
Related Tags

Brown University





1271 Tutors

California Institute of Technology




2131 Tutors

Carnegie Mellon University




982 Tutors

Columbia University





1256 Tutors

Dartmouth University





2113 Tutors

Emory University





2279 Tutors

Harvard University





599 Tutors

Massachusetts Institute of Technology



2319 Tutors

New York University





1645 Tutors

Notre Dam University





1911 Tutors

Oklahoma University





2122 Tutors

Pennsylvania State University





932 Tutors

Princeton University





1211 Tutors

Stanford University





983 Tutors

University of California





1282 Tutors

Oxford University





123 Tutors

Yale University





2325 Tutors