Accounting for bad debts and doubtful debts, depreciation

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xirles1995
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Report Thread starter 6 years ago
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Ok, I know the concept of it all is easy but I can't get my head around it!!!! I really just need someone to state the following to me:

1. Where does "Allowance for Doubtful Debts" go on the Income Statement?
2. Where does "Allowance for Doubtful Debts" go on the Statement of Financial Position?
3. Where does "Provision for Bad Debts" go on the Income Stamenet?
4. Where does "Allowance for Bad Debts" go on the Statement of Financial Position?

Probably an easy concept, but I just need it set out in black and white so I can write it in my notes and get it into my brain.

Okay, same kind of thing for depreciation. What's the difference between the two types and where do the two types go on both statements?
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A.A.T.
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Might be of some use - https://www.youtube.com/user/profaccounting/videos
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