Episode Synopsis "Bad and Doubtful Debts"

Accounting for bad and doubtful debts.

Listen "Bad and Doubtful Debts"

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• Inventory gains.
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• Accounting equation: receipt from accounts receivable
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• Accounts Payable Statements
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• Why is Discount Revenue revenue?
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• Buying inventory on credit: good for liquidity
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• Receipt from Accounts Receivable including discount
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• Credit Checks or Debtor Screening