https://padlet.com/latifalol123/5up3ardxyhyy Made with joy n sadness en-us 2018-11-27 16:24:13 UTC 2026-03-26 01:44:37 UTC hello@padlet.com latifalol123 https://padlet.com/latifalol123/5up3ardxyhyy/wish/308365234 A receivable amount due to another party.
Ex: account receivable , note receivable]]> 2018-11-27 16:25:19 UTC https://padlet.com/latifalol123/5up3ardxyhyy/wish/308365234 latifalol123 https://padlet.com/latifalol123/5up3ardxyhyy/wish/308366037 uncollected amount.
amount that customers will not pay what they promised.
when accounts]]> 2018-11-27 16:26:29 UTC https://padlet.com/latifalol123/5up3ardxyhyy/wish/308366037 latifalol123 https://padlet.com/latifalol123/5up3ardxyhyy/wish/308366746 2018-11-27 16:27:34 UTC https://padlet.com/latifalol123/5up3ardxyhyy/wish/308366746 latifalol123 https://padlet.com/latifalol123/5up3ardxyhyy/wish/308367183 the customer's receivable account is written off as bad debt]]> 2018-11-27 16:28:16 UTC https://padlet.com/latifalol123/5up3ardxyhyy/wish/308367183 latifalol123 https://padlet.com/latifalol123/5up3ardxyhyy/wish/308368055 the estimate loss from an uncollectible account receivable  at the end of a period. ]]> 2018-11-27 16:29:39 UTC https://padlet.com/latifalol123/5up3ardxyhyy/wish/308368055 latifalol123 https://padlet.com/latifalol123/5up3ardxyhyy/wish/308369883 - records estimated bad debts expenses in the period when the sales are recorded
- reports account receivable on the balance sheet at the estimated amount of cash to be collected.]]> 2018-11-27 16:32:09 UTC https://padlet.com/latifalol123/5up3ardxyhyy/wish/308369883 latifalol123 https://padlet.com/latifalol123/5up3ardxyhyy/wish/308372979 At the end of a period, a company estimates its losses based on collection history & current economic information]]> 2018-11-27 16:36:53 UTC https://padlet.com/latifalol123/5up3ardxyhyy/wish/308372979 latifalol123 https://padlet.com/latifalol123/5up3ardxyhyy/wish/308375274 After a customer sent the full payment. The company reverses the write-off & re-establishes part of the customer's receivable account]]> 2018-11-27 16:40:15 UTC https://padlet.com/latifalol123/5up3ardxyhyy/wish/308375274 latifalol123 https://padlet.com/latifalol123/5up3ardxyhyy/wish/308391088 As a customer fails to pay, their receivable account is jeopardized. so they sometimes volunteer to pay partially.]]> 2018-11-27 17:03:03 UTC https://padlet.com/latifalol123/5up3ardxyhyy/wish/308391088 latifalol123 https://padlet.com/latifalol123/5up3ardxyhyy/wish/308392236 2018-11-27 17:04:47 UTC https://padlet.com/latifalol123/5up3ardxyhyy/wish/308392236 latifalol123 https://padlet.com/latifalol123/5up3ardxyhyy/wish/308392406  current period X Bad Debt%]]> 2018-11-27 17:05:01 UTC https://padlet.com/latifalol123/5up3ardxyhyy/wish/308392406 latifalol123 https://padlet.com/latifalol123/5up3ardxyhyy/wish/308393303 1- percent of account receivable
step 1 : year-end account X Bad Debt%
step 2: bad debt expenses = total estimated bad debt expenses - previous Balance in Allowance Account.

2- Aging of Receivable method
  - Classify each receivable by how long its past due
 - each age group is multiplied by its estimate bad debt percentage
- estimated bad debts for each group are totaled

]]> 2018-11-27 17:06:19 UTC https://padlet.com/latifalol123/5up3ardxyhyy/wish/308393303 latifalol123 https://padlet.com/latifalol123/5up3ardxyhyy/wish/308398651 A promissory note to pay a specific amount with interest. Written when a customer requests an additional time to pay a past-due amount.]]> 2018-11-27 17:14:06 UTC https://padlet.com/latifalol123/5up3ardxyhyy/wish/308398651 latifalol123 https://padlet.com/latifalol123/5up3ardxyhyy/wish/308400068 Interest = Principal X Annual interest X time expressed in fraction of a year (x/360) ]]> 2018-11-27 17:16:09 UTC https://padlet.com/latifalol123/5up3ardxyhyy/wish/308400068 latifalol123 https://padlet.com/latifalol123/5up3ardxyhyy/wish/308401236 the maker of the note honors the note by paying the paying the principle & the Interest]]> 2018-11-27 17:17:51 UTC https://padlet.com/latifalol123/5up3ardxyhyy/wish/308401236 latifalol123 https://padlet.com/latifalol123/5up3ardxyhyy/wish/308402120 -The maker doesn't relieve the obligation tp repay the principal & the interest.
Refuse/unable to pay]]> 2018-11-27 17:18:59 UTC https://padlet.com/latifalol123/5up3ardxyhyy/wish/308402120 latifalol123 https://padlet.com/latifalol123/5up3ardxyhyy/wish/308644468 Latifa Al Blooshi 201809834
Salama Abdulla 201801296
Belges Ali Rashed Ahmed 201735325 ]]> 2018-11-28 07:09:03 UTC https://padlet.com/latifalol123/5up3ardxyhyy/wish/308644468