Blip

About this episode

There are two methods for accounting for bad debt. One is based on when accounts receivable balances are written off and the other is based on an estimate of historically bad balances. Knowing which one your company is using and how the pool of bad debts is being carried on the balance sheet is important if you want accurate information on sales and receivables.

• Release Date

  Mar 1, 2010

• Runtime

  07:06