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Analysis of Bad Debts
Allowance for doubtful accounts receivable (bad debts) is a contra account which reduce the balance of the company's gross accounts receivable.The relationship between the allowance and the balance in receivables should be relatively constant unless there is a change in the economy overall or a change in customer base.
Allowance for Doubtful Accounts Receivable
Source: Based on data from Chevron Corp. Annual Reports
1 Allowance as a percentage of accounts and notes receivable, gross = 100 × Allowance for doubtful accounts ÷ Accounts and notes receivable, gross
= 100 × ÷ = %
|Allowance as a percentage of accounts and notes receivable, gross||Allowance for doubtful accounts divided by the gross accounts receivable.||Chevron Corp.'s allowance as a percentage of accounts and notes receivable, gross increased from 2015 to 2016 and from 2016 to 2017.|