Topic 7: Accounts Receivable - ACCT 201A, California State University--Fullerton

Videos

1	Not completed	A/R and Bad Debts Introduction An introduction to Accounts Receivable and Bad Debts, and why we have to recognize bad debts.	8 min
2	Locked	Direct Method The Direct Method of accounting for bad debts is not used very often, and is super easy. We won't spend too much time here.	5 min
3	Not completed	The Allowance Method 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.	9 min
4	Locked	Income Statement vs Balance Sheet Methods Under tha Allowance Method of accounting for bad debts, we have two ways of coming up with our estimates: The Income Statement method and the Balance Sheet method. In this video, I'll show you how to remember which is which.	14 min
5	Locked	Net Credit Sales When you're using the Income Statement method, you calculate your Bad Debt Expense off of Net Credit Sales. Remember how to do Net Credit Sales?	6 min
6	Locked	Write Offs and Reinstatements At some point, you'll have to write off an account, but it's ok, because you have an allowance for that sort of thing.	9 min

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		Click Here to View All Problems at Once	View
1	Not completed	The Effect of Bad Debt Expense	Easy
2	Locked	Calculating Bad Debts	Moderate
3	Not completed	The Effect of Uncollectible Accounts	Moderate
4	Locked	Using the Balance Sheet Method	Hard