ACC 100, week 9 discussion continue

Anonymous
timer Asked: Mar 2nd, 2018
account_balance_wallet $5

Question description

where is the discussion on the allowance method pros and cons?

Tutor Answer

agneta
School: Boston College

Attached.

Running head: ALLOWANCE METHOD

1

Allowance Method
Institution Affiliation
Date

2

ALLOWANCE METHOD

Pros and Cons of the Allowance Method
Allowance method for the treatment of Bad debts involves adjustments of the bad debts by
debiting the bad debt in the Bad allowance (Doubtful A/C) and crediting in the account receivable
(sales) account. The Pros of this method is that it shows clearly the relationship between the bad
debt and the account in which it is obtained through a redu...

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Anonymous
Outstanding Job!!!!

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