馆档网 文档下载 文档下载导航
设为首页 | 加入收藏
搜索 请输入内容:  
 导航当前位置: 文档下载 > 所有分类 > 经管营销 > 财务管理 > 应收账款外文文献
侵权投诉

应收账款外文文献

1.Accounts Receivable

One of the key factors underlying the growth of the American economy is the trend toward selling goods and services on credit. Accounts receivable comprise the largest financial asset of many merchandising companies.

Accounts receivable are relatively liquid assets, usually converting into cash within a period of 30 to 60 days. Therefore, accounts receivable from customers usually appear in the balance sheet immediately after cash and short-term investments in marketable securities.

2.UNCOLLECTIBLE ACCOUNTS

Accounts receivable are shown in the balance sheet at the estimated collectible amount—called net realizable value. No business wants to sell merchandise on account to customers who will be able to pay. Many companies maintain their own credit departments that investigate the creditworthiness of each prospective customer. Nonetheless, if a company makes credit sales to hundreds—perhaps thousands—of customers, some accounts inevitably will turn out to be uncollectible.

A limited amount of uncollectible accounts is not only expected—it is evidence of a sound credit policy. If the credit department is overly cautious, the business may lose many sales opportunities by rejecting customers who should have been considered acceptable credit risks.

3.THE ALLOWANCE FOR DOUBTFUL ACCOUNTS

There is no way of telling in advance which accounts receivable will prove to be uncollectible. It is therefore not possible to credit the accounts of specific customers for our estimate of probable uncollectible accounts. Neither should we credit the Accounts Receivable control account in the general ledger. If the Accounts Receivable control accounts were to be credited with the estimated amount of doubtful accounts, this control account would no longer be in balance with the total of the numerous customers’ accounts in the subsidiary ledger. A practical alternative therefore is to credit a separate account called Allowance for Doubtful Accounts with the amount estimated to be uncollectible.

The Allowance for Doubtful Accounts often is described as a contra-asset account or a valuation account. Both of these terms indicate that the Allowance for Doubtful Accounts has a credit balance, which is offset against the asset Accounts Receivable to produce a more useful and reliable measure of a company’s liquidity. Because the Allowance for Doubtful Accounts is merely an estimate and not a precise calculation, professional judgment plays a considerable role in determining the size of this valuation account.

Monthly Adjustment of the Allowance Account In the adjusting entry made by World Famous Toy Co. at January 31, the amount of the adjustment ($10,000) was equal to the estimated amount of uncollectible accounts. This is true only because January was the first month of operations and this was the company’s first estimate of its uncollectible accounts. In future months, the amount of the adjusting entry will depend on two factors: (1) the estimate of uncollectible accounts and (2) the current balance in the Allowance for Doubtful Accounts. Before we illustrate the adjusting entry for a future month, let us see why the balance in the allowance account may

第1页

你可能喜欢

  • 应收账款文献综述
  • 企业应收账款管理论文
  • 中小企业融资
  • 成本管理外文翻译
  • 应收账款开题报告
  • 论文外文翻译

热门文档

相关文档

  • 应收账款管理英文文献

    应收账款管理英文文献_经管营销_专业资料。应收账款管理 Management of Account Receivable http://www.gov.ns.ca/tpb/manuals/PDF/200/20801-06.pdf Acco应...

  • 关于应收账款外文文献和文献中文翻译

    关于应收账款外文文献和文献中文翻译_其它_总结/汇报_实用文档。上海财经大学浙江学院毕业设计(论文)外文翻译译文: 会计帐户应收账款(AR) 侯赛因·Pashang 瑞典延雪平...

  • 应收账款外文文献

    应收账款外文文献_财务管理_经管营销_专业资料 暂无评价0人阅读0次下载举报文档 应收账款外文文献_财务管理_经管营销_专业资料。本科毕业论文外文原文及译文 题...

  • 应收账款外文翻译

    应收账款外文翻译_财务管理_经管营销_专业资料。Accounts Receivable Author: M. Elizabeth Haywood, Donald. Introduction Accounts receivable consists Accounts...

  • 财务会计论文应收账款外文参考文献

    财务会计论文应收账款外文参考文献_财务管理_经管营销_专业资料。Enterprise receivables management analysed(企业应收账款管理存在的问题及对策)Foreign...

  • 外文翻译:应收账款

    应收账款的管理具有非常重要 的作用, 因为悬而未决的应收账款的回收代表了最...外文翻译:应收账款(张从... 7页 免费 应收账款外文文献 14页 1下载券 外文...

  • 外文翻译---论企业应收账款风险的控制

    外文翻译---论企业应收账款风险的控制_金融/投资_经管营销_专业资料 暂无评价

  • 应收账款文献资料

    应收账款文献资料_财务管理_经管营销_专业资料。学校图书馆数据库下载的资料,在此...英文刊名: 年,卷(期): 龙应贵 西南科技大学 对外经贸财会 FINANCE AND ACCOUNT...

  • 应收账款文献综述

    应收账款文献综述_经管营销_专业资料。文 献 综 述 题 目: 应收帐款管理研究...应收账款外文文献 14页 1下载券 应收账款外文文献 3页 免费喜欢...

  • 258.D应收账款的风险及其防范 外文翻译

    外文翻译必须使用签字笔,手工工整书写,或用 A4 纸打印。 2. 所选的原文不少...在会计文献,销售和信贷政策,强调作为应收账款的主要因素。 三. 数据和研究方法...

  • 应收账款风险管理外文文献翻译2014年译文3530字

    应收账款风险管理外文文献翻译2014年译文3530字_财务管理_经管营销_专业资料。文献出处:Michalski G. The Study of Accounts receivable risk management [J]. Intern...

  • 会计学应收账款毕业论文正文、参考文献定稿

    会计学应收账款毕业论文正文、参考文献定稿_管理学_高等教育_教育专区。淮阴工学院毕业论文 1 引言 第 1 页共 16 页 1.1 研究背景随着市场经济的迅猛发展,企业...

站点地图 | 文档上传 | 侵权投诉 | 手机版
新浪认证  诚信网站  绿色网站  可信网站   非经营性网站备案
本站所有资源均来自互联网,本站只负责收集和整理,均不承担任何法律责任,如有侵权等其它行为请联系我们.
文档下载 Copyright 2013 doc.guandang.net All Rights Reserved.  闽ICP备15022310号-7  email
返回顶部