Bad-Debt Write-Off, Recovery and the Allowance Roll-Forward (Journal and Chart)
This lesson is part of the course
In this lesson
You roll Larkspur Supply Co.'s allowance for doubtful accounts forward through July, book a write-off, a recovery and the month-end top-up in the journal, and chart the roll-forward as a waterfall.
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Lessons in this course
- The Invoice Ledger: Open Items and Balances by Customer with SUMIFS Locked
- DSO Two Ways: the Simple Ratio and the Count-Back Method Locked
- Collection Effectiveness Index (CEI): How Much of the Collectible AR Came In Locked
- Ageing Buckets and the Allowance for Doubtful Accounts: a Provision Matrix Locked
- Credit Limits and Utilisation: Over-Limit Flags and the Order-Release Test Locked
- Payment Behaviour: Average Days Late per Customer with AVERAGEIFS Locked
- The Dunning Schedule: Which Reminder Is Due Today? Locked
- Bad-Debt Write-Off, Recovery and the Allowance Roll-Forward (Journal and Chart) Locked