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YouTubeThe Business Doctor
Allowances for Doubtful Accounts (AFDA): Credit Sales and Percentage of A/R Approaches (rev 2020)
This video illustrates how to account for bad debts using Allowances for Doubtful Accounts (AFDA) using both the Credit Sales and Percentage of Accounts Receivable Approaches under Canadian IFRS and ASPE. Here's the problem data file to accompany this video: https://drive.google.com/file/d/1hvblUR6dbi74ruD_UHAuOpVw-_WsZYvk/view?usp=sharing
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