Accounts Receivable & Allowance Method-Excel Practice Proble

Excel - accounts receivable valuation, allowance method, direct write off method, valuation of notes receivable,

Created by: Robert (Bob) Steele
CPA, CGMA, M.S. Tax, CPI

What Will I Learn?

• Accounts receivable and note receivable characteristics
• Accounts Receivable Cycle
• Accounts Receivable Subsidiary Ledger
• Accounts Receivable Valuation
• Allowance For Doubtful Accounts Method of Accounts Receivable
• Direct Write Off Method of Accounts Receivable
• How to Estimate Bad Debt Expense Under the Allowance Method
• Components of a Note Receivable
• How to Calculate Simple Interest
• How to Record A Note Receivable

Requirements

• We should have a basic understanding of financial accounting and debits and credits

Target audience

• Accounting students
• Business owner
• Anyone who whats to learn accounting