Bad debts for accounts receivables are something that every organization needs to prepare for and also understand how to estimate and record the uncollectible accounts receivables for a certain period.
Bad debts for accounts receivables are something that every organization needs to prepare for and also understand how to estimate and record the uncollectible accounts receivables for a certain period. Generally Accept Accounting Principles (GAAP) allows businesses two option to write off bad debts: 1.) Direct Write-Off Method or 2.) Allowance Method.
Based on the information that you have learned in the module, you have been asked to create a PowerPoint presentation that provides the procedures for using both of the methods. In addition, you should provide your reasoning for which method that you believe the organization should use. Providing specific examples of how the methods are completed is also required. Please review the rubric for specific information on how the PPT presentation will be graded. Your presentation should be a minimum of slides that does not include the cover slide or the references slide.
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