Schedule II - Analysis of Valuation and Qualifying Accounts

12 Months Ended

Nov. 30, 2019

Notes to Financial Statements

SEC Schedule, 12-09, Schedule of Valuation and Qualifying Accounts Disclosure [Text Block]

Bassett Furniture Industries, Incorporated

Schedule  II

Analysis of Valuation and Qualifying Accounts

For the Years Ended November 30, 2019, November 24, 2018 and November 25, 2017

(amounts in thousands)

	Balance Beginning of Period		Additions Charged to Cost and Expenses			Deductions (1)			Other			Balance End of Period
For the Year Ended November 25, 2017:
Reserve deducted from assets to which it applies
Allowance for doubtful accounts	$	799	$	(59	)	$	(123	)	$	-		$	617
Notes receivable valuation reserves	$	1,454	$	-		$	-		$	-		$	1,454
For the Year Ended November 24, 2018:
Reserve deducted from assets to which it applies
Allowance for doubtful accounts	$	617	$	339		$	(252	)	$	50	(2)	$	754
Notes receivable valuation reserves	$	1,454	$	-		$	(1,077	)	$	-		$	377
For the Year Ended November 30, 2019:
Reserve deducted from assets to which it applies
Allowance for doubtful accounts	$	754	$	61		$	-		$	-		$	815
Notes receivable valuation reserves	$	377	$	-		$	(18	)	$	-		$	359

(1) Deductions are for the purpose for which the reserve was created. 

(2) Represents reserves of acquired business at date of acquisition.