Accounting for Bad Debts: Allowance Method - Percentage of Sales

This video explores how to account for bad debts using the allowance method - percentage of sales.

[@aisa4596]

THANK YOU! I was struggling with this!

[@ahmedsaafan80]

Very Helpful, Thank You

[@janemargaretmceachin6398]

Thank you so so much!! Subscribed

[@anthonyhendricks27]

Brilliant! Thank you :)

[@nanyabdull8010]

well explained thnks

[@hariknr3025]

1st entry we kept the bad debt for 600 &write off 500? We there is no credit of 100 to bad debt expense?

[@yeminkhaung4445]

if bad debt is over allowance for doubtful amount, how we enter entries?