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PCG » Topics » Allowance for Doubtful Accounts

This excerpt taken from the PCG 8-K filed Oct 28, 2005.

Allowance for Doubtful Accounts

 

PG&E Corporation and the Utility recognize an allowance for doubtful accounts to record its accounts receivables at an estimated net realizable value. The allowance is determined based upon a variety of factors, such as historical write-off experience, delinquency rates, current economic conditions and our assessment of customer collectibility. If circumstances related to the Utility’s assumptions change, recoverability estimates are adjusted accordingly.

 

This excerpt taken from the PCG 10-K filed Feb 18, 2005.

Allowance for Doubtful Accounts

        PG&E Corporation and the Utility recognize an allowance for doubtful accounts to record its accounts receivables at an estimated net realizable value. The allowance is determined based upon a variety of factors, such as historical write-off experience, delinquency rates, current economic conditions and our assessment of customer collectibility. If circumstances related to the Utility's assumptions change, recoverability estimates are adjusted accordingly.

EXCERPTS ON THIS PAGE:

8-K
Oct 28, 2005
10-K
Feb 18, 2005

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