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    rcpackard's Avatar
    rcpackard Posts: 2, Reputation: 1
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    #1

    May 5, 2008, 12:59 PM
    Lowering the estimate for doubtful accounts.
    What effect does lowering the estimate for doubtful accounts have on the income statement and balance sheet?
    delite's Avatar
    delite Posts: 202, Reputation: 3
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    #2

    May 5, 2008, 09:01 PM
    If you lower reserve requiremnt for doubtful accounts, you are in essence raising yearnings by such reductions

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