Net Credit Sales Method: Allowance for Doubtful Accounts and Bad

Example 3 Part A Netcreditsalesmethod 2 Acc rec 250,000 1 Baddebt expense Allowance for doubtful ace 410,1007 too.ooox.ozlboo.io Met realizable Valve 239,900 2Accra Allowance hordoubtaiau her realizable valve Note to determine Nrvalwaysbeat a3 Allowance for doubtful Aa Allowance for doubtfulAaBeginning Balance write offs 2100 nooBeginning balance Recoveries eosss Recoveries nooooBaddebt expense Baddebt expense 18100 Ending Balance 10100Ending Balance 250000 I Accrec I Allowance for doubtsace 418,1007 10,100 4 2100 met realizable valve 231,900 X 12,200 Bad debit expense Part 13 Aging Method 1 ECAmountosreurablex I Ending balance for Allotorboubtaiaa Age Balance Estimate'a seAmount current150ooo 2 Tooo 1sodaso ooo ay woo 31aodays soooo ai zitoo ourdays wie wiz zwooo 10,100 Allowance for doubtful Aa 2,100 Beginning balance www.sss Recoveries x sooo Baddebt expense iglooEnding Balance 10,100 2 lootx XI8000 Bad debt expense