Bookkeeping

Content Facing Bank Fraud Charges Kiting Definition, How It Works With Checks and Securities check kiting Get Competing Personal Loan Offers In Minutes How Can an Attorney Defend Against Bank Fraud Charges? Bank fraud That’s why identity thieves are often resorting to employment fraud. Learn how deed fraud occurs and 3 ways to help protect …

Michigan man charged with operating check-kiting scheme that caused loss of nearly $150 million Internal Revenue Service Read More »

Content Allowance for Doubtful Accounts Journal Entry Example Accounts Receivable Aging Report Sec. 704-17: Write Off and Allowance Procedures for Uncollectible Accounts Allowance Method for Uncollectible Accounts Allowance for bad debts In accrual-basis accounting, recording the allowance for doubtful accounts at the same time as the sale improves the accuracy of financial reports. The projected bad …

Allowance for Doubtful Accounts and Bad Debt Expenses Cornell University Division of Financial Affairs Read More »