Bad Debt: Aging of Accounts Receivable Method

This video reviews the Aging of Accounts Receivable Method to calculate bad debt expense and allowance for doubtful accounts. T-accounts are used to figure out the amount that should go into the journal entries. Examples are completed for a credit balance in Allowance for Doubtful Accounts and a debit balance in Allowance for Doubtful Accounts. Journal entries are also shown. Check out my bad debt and allowance for doubtful accounts study guide:    • Calculating Bad Debt Expense and Allowance...   For more help with accounting, please visit my website http://AccountingInFocus.com.