What are the key revenue cycle accounts for ford? what accounts involve critical accounting estimates?

The key revenue accounts that are usually included in the cycle can help know more about business’ income moves through the company's accounting system. These are:

-Cash

-Sales

-Accounts Receivable

-A/R Subsidiary Ledger

-Financial Receivable

-Allowances for Doubtful Accounts

-Bad Debt Expense

-Sales Discounts

-Sales Returns and Allowances

-Leases

-Warranty Expense

-Warranty Liability

-Sales Commission Expense

Accounts that Involve Critical Accounting Estimates:

-Warranty and Additional Service Actions

-Automotive Sector

-Financial Service Sector

-Operating Leases-

Allowance for Credit Losses

-Allowance for Doubtful Accounts

-Bad Debt Expense

-Lease

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