please help business and finance question

Question

describe the various ways to record the disposition of accounts receivable. Which method do you think is best? Why?

Answer 1

... reconciliation of journal entry

... general ledger

... accounts receivable confirmation : audit letter

... cash audit

 

- various methods are used 

 

 

 

 

Answer 2

Crystal: There is a very good power point presentation on this topic called Financial Accounting and Accounting Standard see google. There are some nice graphic representations that you may be able to use. All the Best.