Bookkeeping – Estimates (Lesson 82)

Estimates

There are many transactions in accounting requiring the accountant to use estimates for the respective debits and credits.  The following five lessons cover how estimating is performed with depreciation, payroll benefits, bad debts, warranties and extraordinary items.  This lesson explains why estimating is needed and used in business.

This content is for Bronze, Silver, One-Time and Contractor’s Diagnostic members only.
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