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  • CC Anc Mec: Clau E Ea FTWC - I Cade

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    lianna jenn
    14 views7 pages
    This document discusses accounting procedures for accounts receivable. It notes that accounts receivable will be measured at their net realizable value by establishing an allowance for doubtful accounts. The allowance will be based on past collections and an assessment of collectability. Adjustments to the allowance account will be made monthly based on accounts written off as uncollectible.

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    accounting

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    FAR

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    This document discusses accounting procedures for accounts receivable. It notes that accounts receivable will be measured at their net realizable value by establishing an allowance for doubtful accounts. The allowance will be based on past collections and an assessment of collectability. Adjustments to the allowance account will be made monthly based on accounts written off as uncollectible.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    14 views7 pages

    CC Anc Mec: Clau E Ea FTWC - I Cade

    Uploaded by

    lianna jenn
    This document discusses accounting procedures for accounts receivable. It notes that accounts receivable will be measured at their net realizable value by establishing an allowance for doubtful accounts. The allowance will be based on past collections and an assessment of collectability. Adjustments to the allowance account will be made monthly based on accounts written off as uncollectible.

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    © All Rights Reserved
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