The accountant for Travis Corporation prepared the following list of account balances from the company's records for the year ended December 31, 2012. The Travis Company uses the spreadsheet method for completing the statement of cash flows.Review our Frequently Asked Questions below. If you need additional assistance, please contact us. Accountants use Excel all the time. Accounts Receivable - The District provides for uncollectible accounts receivable using the allowance method of accounting for bad debts.