BBA2301 Methods Columbia Southern Methods Writing Off Bad Debts Discussion there are two methods of writing off bad debts: percent-of-receivables and aging
BBA2301 Methods Columbia Southern Methods Writing Off Bad Debts Discussion there are two methods of writing off bad debts: percent-of-receivables and aging-of-receivables. 1.What is the difference between the two methods? 2.Which method do you think most accurately estimates the amount of receivables that will become uncollectible? 3.Why?