ACC 201 at University of Kentucky

3. The Allowance Method

in Topic 7 (Video 3 of 6)
Playback Rate: {{ playbackRates[currentRate].display }}
The Allowance Method is where we spend most of our time when accounting for bad debts. Under the allowance method, we have two more methods: The Income Statement Method and the Balance Sheet Method. Here, we simply introduce the allowance method.

The Rest Of The Videos

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

Topic 7 Practice Problems

Click Here to View All Topic 7 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
← Topic 6

Did I miss anything in Topic 7?

What Did I Miss?