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Deudas malas

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  • Apuntes
  • Revisión por tema
    Wendy C.
    AU
    Wendy C.

    Once management determines that certain debtors are not going to pay the asset debtors is reduced and the expense bad debts is recognised.

    Samuel F.
    ZA
    Samuel F.

    How do you write off a bad account?

    Harrison A.
    AT
    Harrison A.

    The bad debts associated with accounts receivable is reported on the income statement as bad debts expense or uncollectible accounts expense.When the allowance method is used ,the journal entry to bad debts expense will include a credit to allowance for doudtful accounts,a contra account and valuation to the asset accounts receivable . The allowance method anticipates the losses and therefore requires the use of estimates. Under the direct write off method ,the allowance for doubtful accounts is not used.Rather , bad debts expense will be debited when an account receivable is actually written off.The credit in this entry will be to the asset accounts receivable.

    Harrison A.
    AT
    Harrison A.

    What method should firms adopt to avoid bad debts ?

    Zachary B.
    US
    Zachary B.

    What are bad debts?

    Diamond T.
    US
    Diamond T.

    What are bad debts?

    Douglas R.
    US
    Douglas R.

    Control accounts to locate bad debtors.

    Erick V.
    PE
    Erick V.

    Las deudas incobrables, son tomadas en rojo como perdida total, sien embargo estas pueden ser negociadas a terceros, hay que considerar que hay un doble efecto de perdida uno en la recuperacion de las mismas y otra en los impustos que se pagaron por ellas en su oportunidad

    Tony I.
    NG
    Tony I.

    Can bad debts be negotiated?

    Pride C.
    ZW
    Pride C.

    The bad debts associated with accounts receivable is reported on the income statement as bad debts expense or uncollectible accounts expense.When the allowance method is used ,the journal entry to bad debts expense will include a credit to allowance for doudtful accounts,a contra account and valuation to the asset accounts receivable

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