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Archive for the j. Bad Debts Category

18 10 2007

How To Treat Increase Or Decrease In Provision For Doubtful Debts

Posted by: slang in j. Bad Debts

The bookkeepers need to have the know-how to treat any increase or decrease whenever management felt the need to do so. Append below the accounting treatment and its effect to the Income Statement & Balance Sheet:- (more…)

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18 10 2007

Different Methods Of Creating Provision For Doubtful Debts

Posted by: slang in j. Bad Debts

For a bookkeeper, he or she needs to understand how to create a Provision for doubtful debts. Append below are four(4) methods of creating such provision:- (more…)

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18 10 2007

Difference Between Bad Debts Written Off & Provision For Doubtful Debts

Posted by: slang in j. Bad Debts

Before we start the topic on Bad Debts & Provision for doubtful debt, it is essential to understand the difference between bad debts written off and provision for doubtful debt

Append below the difference/contrast:- (more…)

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