Complete Case details are given below :
Case Name : Albert Robins Company, Inc. -Trade Receivables
Authors : Mark E. Haskins, Rebecca Bray
Source : Darden School of Business
Case ID : UV1123
Discipline : Accounting
Case Length : 12 pages
Solution Sample availability : YES
Plagiarism : NO (100% Original work)
Description for case is given below :
This case raises the question: How does a company reasonably estimate and record entries for uncollectible trade receivables, and under what circumstances are receivables written off as uncollectible? The required accounting transactions for the case involve estimating a receivables allowance both as a percentage of sales and as a percentage of accounts receivable and making specific account judgments under the direct write?off method. The subjective issues involve analyzing and assessing a company’s methods of collection and accounting for bad debts.
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