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Estimate uncollectible accounts expense - PowerPoint PPT Presentation

GLENCOE / McGraw-Hill

GLENCOE / McGraw-Hill. Accounts Receivable and Uncollectible Accounts. Determining Losses From Uncollectible Accounts. Section Objective. 1. Record the losses from uncollectible accounts receivable using the direct charge-off and allowance methods. Page. 556.

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393 views • 25 slides

Accounting 3

Accounting 3. Chapter 20 Section 1. Uncollectible Accounts. Even though companies do thorough credit checks on their customers, it is inevitable that some accounts will never be paid. Accounts receivable that cannot be collected are called Uncollectible Accounts .

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284 views • 17 slides

Accounting 3

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323 views • 17 slides

LESSON 14-4

LESSON 14-4. Planning and Recording an Allowance for Uncollectible Accounts Adjustment. ALLOWANCE METHOD OF RECORDING LOSSES FROM UNCOLLECTIBLE ACCOUNTS. With each sale on account, a business takes a risk that customers will not pay their accounts

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106 views • 9 slides

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Estimate uncollectible accounts expense - PowerPoint PPT Presentation

GLENCOE / McGraw-Hill

Accounting 3

Accounting 3

LESSON 14-4