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    koli_t's Avatar
    koli_t Posts: 1, Reputation: 1
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    #1

    Apr 17, 2012, 05:03 AM
    Doubtful debts - Net Credit sales and ageing methods
    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's Avatar
    paraclete Posts: 2,706, Reputation: 173
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    #2

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