The Existing Balance In Allowance For Doubtful Accounts Is Considered In The?
U nder the Percentage of Receivab le Basis / Method , the existing balance in the Allowance for Doubtful Accounts / Provisions For Dou b tful De b ts is considered in computing the estimated Bad Debts Expense / Dou b tful De b ts because the balance of Allowance for Doubtful Accounts is the estimated amount Uncollectible Accounts Receivable that will be considered as Uncollectible Accounts Expense or Doubtful Debts or estimated bad debts that may not be recovered in future from our customers for the Credit Sales. This method is also called B alance Sheet-Approach.