The objectives when accounting for account receivables and bed debts are to: Report Accounts receivables at the price the company expects to collect and for the company to be able to match the cost of bad debts in the accounting period in which the reasonable credit was actualized.
What is a Bad Debt?
Bad debts are uncollectible amount incurred by an organization. These can be loans, outstanding values owed that can no longer be redeemed or recovered by the company and they must write it off the account.
When accounting for bad debts, account receivables must be reported and the expect price the company must collect. Cost of bad debts should also be recorded and the credits should also be recorded.
Learn more about Bad Debts here:
https://brainly.com/question/25191337
