Question

In general, adjustments to customer balances in the accounts receivable master data will be necessary for all of the following except:

a. sales returns and allowances
b. reversals of mispostings and other errors
c. bad debt write-offs
d. estimates of uncollectible accounts

Answer 1

In general, adjustments to customer balances in the accounts receivable master data will be necessary for sales returns and allowances, reversals of mispostings and other errors, and estimates of uncollectible accounts. Adjustments are not typically made for bad debt write-offs.

Step-by-step explanation:

In general, adjustments to customer balances in the accounts receivable master data will be necessary for sales returns and allowances, reversals of mispostings and other errors, and estimates of uncollectible accounts. Adjustments are not typically made for bad debt write-offs because these are considered uncollectible accounts and are removed from the master data altogether.