Chapter 8
Accounts Receivable and Notes Receivable
Accounts Receivable
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Uncollectible Accounts
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The Allowance for Doubtful Accounts
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Writing Off an Uncollectible Account Receivable
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Recovery of an Account Receivable Previously Written Off
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Monthly Estimates of Credit Losses
- At Dec. 31 Valley Ranch Supply has total A/R of 100k of which $5.68k are estimated to be uncollectible. if ADA is 4k. 1.68k is needed to make it 5.68kEntries:Uncollectible Accounts Expense 1.68k DRADA 1.68k CR
to increase ADA to 5.68k from 4k If ADA is has a debit 10k. Uncollectibe Accounts Expense 15.68k DR ADA 15.68k CR
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Direct Write-Off Method
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Internal Controls for Receivable
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Management of Accounts Receivable
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Factoring Accounts Receivable
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Credit Card Sales
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Notes Receivable
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Nature of Interest
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Accounting for Notes Receivable
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Evaluating the Quality of Notes and Accounts Receivable
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N/R with Interest Charges Included in the Face Amount
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Instalment Receivable
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