A/R and Bad Debts Introduction - Acc 311, The University of Texas

in Chapter 6 (Video 1 of 6)

7 minutes

An introduction to Accounts Receivable and Bad Debts, and why we have to recognize bad debts.

This Video Mentioned Some Formulas

Accounts Receivable

– Allowance for Bad Debts (or Allowance for Uncollectible Accounts)

Net Realizable Value (or Net Accounts Receivable)

1	A/R and Bad Debts Introduction You are here.	7:09
2	Direct Method	4:15
3	The Allowance Method	8:56
4	Income Statement vs Balance Sheet Methods	13:14
5	Net Credit Sales	5:20
6	Write Offs and Reinstatements	8:26

	Click Here to View All Chapter 6 Problems at Once	View
1	The Effect of Bad Debt Expense	Easy
2	Calculating Bad Debts	Moderate
3	The Effect of Uncollectible Accounts	Moderate
4	Using the Balance Sheet Method	Hard