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    karma3's Avatar
    karma3 Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Sep 4, 2007, 10:08 AM
    Accounts Receivable
    What effect does lowering the estimate for doubtful accounts have on the income statement and balance sheet?
    bhet's Avatar
    bhet Posts: 77, Reputation: 9
    Junior Member
    		  
    #2

    Sep 8, 2007, 02:06 AM
    Lowering estimated doubtfuk accounts would mean lesser expense thus increasing income.
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