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About POA Lecture 7
The document discusses accounting for receivables. It identifies three main types of receivables: accounts receivable, notes receivable, and other receivables. It explains how companies recognize accounts receivable, either when providing a service or selling merchandise on credit. Companies value receivables at their net realizable value by subtracting an allowance for doubtful accounts from total accounts receivable. The document also distinguishes between the direct write-off and allowance methods for estimating uncollectible accounts receivable.
Detailed Information
| Author: | ['Phạm Thu Hà 1M-20ACN'] |
|---|---|
| Publication Year: | 2024 |
| Pages: | 34 |
| Language: | English |
| Format: | |
| Price: | FREE |
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