Under GAAP, your balance sheet should report A/R "net of allowance." So your balance sheet would show net accounts receivable of $48,500. Advertisement. Article continues below this ad.

Socially responsible bank Amalgamated Financial (NASDAQ:AMAL) in Q1 CY2025, but sales were flat year on year at $76.98 ...

To adjust a balance sheet from GAAP to STAT, an accountant must identify and remove the assets that STAT principles would consider nonadmitted, such as furniture, office equipment, unsecured loans ...

Commercial real estate lender Starwood Property Trust (NYSE:STWD) reported Q1 CY2025 results beating Wall Street’s revenue ...

Many companies supplement GAAP financial reporting with individually tailored accounting information. While these non-GAAP disclosures might provide useful information about an entity, financial ...

Exceeds top end of guidance range for revenue, adjusted EBITDA, adjusted EPS and operating cash flow for the total Company ...

Q1 2025 Q4 2024 Q1 2024 (dollars in thousands, except per share amounts) U.S. GAAP Financial Results: Net sales $ 244,465 $ 233,291 ...