BUS 181 East Mississippi Community College Accounting for Bad Debt HW Side Panel Expand side panel Breadcrumb: Discussions List View Topic Settings Help

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Discussion 3: Accounting for Bad Debt

Available on Tuesday, June 4, 2019 3:00 PM CDT until Saturday, July 11, 2020 11:30 PM CDT

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Class, how do companies account for bad debt? Why would they use an allowance account instead of directly crediting A/R? What are the various methods of accounting for bad debt? Describe the differences in how the expense is calculated.

Please provide one main post and two additional peer interactions. Your main post must be a minimum of 200 words (no quotes) that indicates an understanding of the concepts and materials; your two peer replies should be at least 75 words each. Your peer posts cannot be “Good job, Kelly! I agree with what you said”. These posts must further the discussion and add additional insights from your reading and research. Your main post counts 10 points and each peer post counts 5 points for a total possible grade of 20 points for the week

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