Bad debt Expense Allowance method Bad Debt | Financial Accounting Course

Bad debt Expense Allowance method Bad Debt | Financial Accounting Course | CPA Exam FAR ch 7 p 3

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Күн бұрын

IN this video, I discuss bad debt expense. A bad debt expense is recognized when a receivable is no longer collectible because a customer is unable to fulfill their obligation to pay. A bad debt expense is a financial transaction that you record in your books to account for any bad debts your business has given up on collecting.
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Пікірлер: 28

@md.al-mamunemon8508 2 жыл бұрын

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@AccountingLectures 2 жыл бұрын

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@bahosman2721 3 жыл бұрын

You remind me of the saying “ Teachers are born not made” Thanks for making a difference!

@AccountingLectures 3 жыл бұрын

Most welcome. Please subscribe and share. If you want to access more resources, check my website: ✔farhatlectures.com/ ✔Instagram: @farhatlectures ✔ Linkedin: www.linkedin.com/in/professorfarhat/ ✔Facebook:@accountinglectures ✔Twitter: @farhatlectures 🎤Email: Mansour.farhat@gmail.com

@anaraquelmartinezolivo4667 8 ай бұрын

Thank you so much professor . You have gotten me through this semester 🙏 may God continue to bless you and your family.

@AccountingLectures 8 ай бұрын

You are very welcome! Thank you and please visit the website for more farhatlectures.com/ Start your free trial!

@sokainazouak857 Жыл бұрын

EXCELLENT AT EXPLAINING! I wish I came across your videos much earlier. Thank you so much!

@AccountingLectures Жыл бұрын

Glad it was helpful! Thank You. Please visit my website for more: www.farhatlectures.com

@nahidnishat5543 2 жыл бұрын

most beneficial lecture🙂🇧🇩❤️

@bhaskaranuthula778 Жыл бұрын

Love you Sir❤. That's a good insight into subject.

@AccountingLectures Жыл бұрын

Thank you, Bhaskar, and please visit the website for more farhatlectures.com/

@sarymarperezcarrero255 3 жыл бұрын

You are the best at explaining

@AccountingLectures 3 жыл бұрын

You are welcome.. Check my website for more: ✔farhatlectures.com/ ✔Instagram: @farhatlectures ✔ Linkedin: www.linkedin.com/in/professorfarhat/ ✔Facebook:@accountinglectures ✔Twitter: @farhatlectures 🎤Email: Mansour.farhat@gmail.com

@minodoratirla8427 2 жыл бұрын

Very helpful lesson! Thank you sir!

@AccountingLectures 2 жыл бұрын

Thank you. Please connect with me: linktr.ee/farhatlectures

@sasanknanduri3062 Жыл бұрын

Thank you so much sir, your lectures are way too good

@AccountingLectures Жыл бұрын

Thank you and please visit the website for more farhatlectures.com/

@abidmajid7031 7 ай бұрын

Hello Professor. I really would like to thank you for all the help you are providing to us students. You are really like an angel. I was wondering fi you would ever be able to take up teaching ""US Bookkeeping"" sometime in the future. CPA is mostly concentrating on corporate accounting and a lot of us find it difficult when it comes down to Bookkeeping; which is a pre-requisite for employment in any small scale CPA office

@kevan_kane Жыл бұрын

I'd like to clarify something. Is the adjustment of Allowance for Doubtful Accounts, for instance, $2070 at 24:23 the bad debt expense? Also, if the balance of Allowance for Doubtful Accounts is debit $200, using the same example from 24:23, with the ending balance of Allowance for Doubtful Accounts still being $2270; would it result in the adjustment being $2470, which also means the bad debt expense is $2470?

@akshayughade9574 2 жыл бұрын

Awesome 👍

@AccountingLectures 2 жыл бұрын

You are very welcome! Please take a look at my website for more resources: www.farhatlectures.com

@giorgilobjanidze8297 4 жыл бұрын

Aweseme lecture

@AccountingLectures 4 жыл бұрын

You are most welcome. Please subscribe and share. If you want to access more resources, check my website: ✔farhatlectures.com/ ✔Instagram: @farhatlectures ✔ Linkedin: www.linkedin.com/in/professorfarhat/ ✔Facebook:@accountinglectures ✔Twitter: @farhatlectures 🎤Email: Mansour.farhat@gmail.com

@johnkodhek1 4 жыл бұрын

Thanks Prof.

@AccountingLectures 4 жыл бұрын

@icecreamheadache7165 5 ай бұрын

Ily

@bibekbhattarai7356 2 жыл бұрын

This video's audio is mono.

@AccountingLectures 2 жыл бұрын

please try this solution: www.google.com/search?q=change+youtube+voice+in+earphone+to+mono&oq=change+youtube+voice+in+earphone+to+mono&aqs=chrome..69i57j33i160.14900j0j4&sourceid=chrome&ie=UTF-8#kpvalbx=_TK23Yc_sIvSJjLsP2NCF-AU17