eCourse Site

[Udemy] Receivables & The Allowance vs The Direct Write Off Methods

Deal Score0
100% OFF Get Course
Deal Score0
100% OFF Get Course

What you’ll learn

  • Accounts receivable and observe receivable traits
  • Accounts Receivable Cycle
  • Accounts Receivable Subsidiary Ledger
  • Accounts Receivable Valuation
  • Allowance For Uncertain Accounts Methodology of Accounts Receivable
  • Direct Write Off Methodology of Accounts Receivable
  • How you can Estimate Unhealthy Debt Expense Below the Allowance Methodology
  • Parts of a Notice Receivable


  • We must always have a primary understanding of economic accounting and debits and credit


We are going to focus on receivables, specializing in accounts receivable and notes receivable, reviewing the accounts receivable cycle, the journal entries for recording accounts receivable, and associated subsidiary ledgers.

We are going to focus on unhealthy debt and valuing of accounts receivable utilizing two strategies, the allowance methodology and the direct write off methodology. The accounts receivable account represents cash owed to the corporate however there will likely be instances when the corporate can’t acquire on the account receivables.

Below the direct write off methodology, we write off the accounts receivable as we decide they don’t seem to be collectible. The direct write off methodology doesn’t do an excellent job of representing the accounts receivable account’s true worth and doesn’t do an excellent job of conforming to the matching precept, matching up bills with the associated income it was used to generate.

The allowance methodology does a greater job of valuing accounts receivable and conforming to the matching precept and is the strategy most popular. The allowance methodology is extra complicated, nonetheless, and requires the usage of estimates.

We can even focus on notes receivable, the journal entry for recording notes receivable, and for receiving cost on a observe receivable. We are going to cowl detailed strategies for calculating easy curiosity.


Along with educational video, this course will embrace downloadable

•    Downloadable PDF Information

•    Excel Observe Information

•    A number of Alternative Observe Questions

•    Brief Calculation Observe Questions

•    Dialogue Questions

The PDF recordsdata enable us to obtain reference data we will use offline and as a information to assist us work by the fabric.

Excel observe recordsdata will likely be preformatted in order that we will concentrate on the adjusting course of and studying among the fundamentals of Excel, like addition, subtraction, and cell relationships.

Who this course is for:

  • Accounting college students
  • Enterprise proprietor
  • Anybody who whats to study accounting

Check Today's 30+ Free Courses on Telegram!

eCourse Site