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The video discusses the aging method for accounts receivable, which is used to estimate bad debt. The easiest way to calculate bad debt expense is through the percentage of sales method. By creating an aging schedule, you can categorize receivables based on their age, determining which are more likely to be uncollectible. Receivables that have been outstanding for several months are less likely to be paid, leading to a higher bad debt rate. This method helps businesses accurately estimate their bad debt expense.
