At the end of next accounting period, bad debts are estimated again and the balance in the allowance account is adjusted. There are two commonly used methods to estimate and adjust the balance of allowance account: 1  Percentage of Sales Method.  Percentage of Receivables Method.
Comfrey has been cultivated as a green vegetable and has been used as an herbal medicine for more than 2,000 years. Comfrey's original name, knitbone, derives from the external use of poultices of its leaves and roots to heal burns, sprains, swelling, and bruises. In Western Europe, comfrey has been used topically for treating inflammatory disorders such as arthritis, gout, and thrombophlebitis, and internally for treating diarrhea.
Comfrey is a perennial herb found in moist grasslands in western Asia as well as in North America. It has bell-shaped red-violet or yellowish flowers. It may contain small amounts of toxic pyrrolizidine alkaloids.