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View Full Version : Doubtful debts - Net Credit sales and ageing methods


koli_t
Apr 17, 2012, 05:03 AM
Problem18.5 in WILEY - Accounting 8th edition.
I am struggling to prepare the journal entries to adjust the allowances for doubtful debt!
THANK YOU!

paraclete
Apr 17, 2012, 05:52 AM
So what you do is debit doubtful debt expense and credit provision for doubtful debts