'Uncollectible accounts' presentation slideshows

Uncollectible accounts - PowerPoint PPT Presentation


ACCOUNTING FOR RECEIVABLES

ACCOUNTING FOR RECEIVABLES

ACCOUNTING FOR RECEIVABLES STUDY OBJECTIVES After studying this material, you should understand: TYPES OF RECEIVABLES Receivables are amounts due from individuals and other companies. There are three major classes of receivables: PRIMARY ACCOUNTING ISSUES Recognition Valuation

By albert
(401 views)

Chapter 6

Chapter 6

Chapter 6 Reporting and Interpreting Sales Revenue, Receivables, and Cash Accounting for Sales Revenue The revenue principle requires that revenues be recorded when earned: An exchange has taken place. The earnings process is nearly complete. Collection is probable. Reporting Net Sales

By bernad
(339 views)

LESSON 14-1

LESSON 14-1

LESSON 14-1. Distributing Corporate Earnings to Stockholders. STOCKHOLDERS’ EQUITY ACCOUNTS USED BY A CORPORATION. page 405. (3000) STOCKHOLDERS’ EQUITY 3110 Capital Stock 3120 Retained Earnings 3130 Dividends 3140 Income Summary. DECLARING A DIVIDEND. page 406.

By addison
(3 views)

LESSON 14-1

LESSON 14-1

LESSON 14-1. Distributing Corporate Earnings to Stockholders. Financial Information. Management decisions about future business operations are often based on financial information This information show whether a profit is being made or a loss is being incurred

By aaron
(235 views)

Chapter 1

Chapter 1

Chapter 1. Ethical Issues in Advanced Accounting. Scope of Chapter. Why need ethical conduct in accounting? What is fraudulent financial reporting? Ethical standards for preparers of financial statements & reports. Significant events in establishment of ethical standards. Scope of Chapter.

By leon
(562 views)

Accounting II Chapter 7

Accounting II Chapter 7

Accounting II Chapter 7. Accounting for Uncollectible Accounts. Chapter Objectives. Define the accounting terms related to uncollectible accounts Identify accounting concepts and practices related to uncollectible accounts

By marguerite
(257 views)

Valuation of Accounts Receivable

Valuation of Accounts Receivable

Valuation of Accounts Receivable. Uncollectible Accounts Receivable. Record credit losses as debits to Bad Debt Expense (or Uncollectible Accounts Expense) . Normal and necessary risk of doing business on credit. Two methods to account for uncollectible accounts: Direct write-off method

By riona
(185 views)

Chapter 14—Distributing Dividends and Preparing a Work Sheet for a Merchandising Business

Chapter 14—Distributing Dividends and Preparing a Work Sheet for a Merchandising Business

Chapter 14—Distributing Dividends and Preparing a Work Sheet for a Merchandising Business. Objectives: Define accounting terms and identify accounting concepts and practices related to distributing dividends and preparing a work sheet for a merchandising business

By tertius
(137 views)

Revenue recognition IAS 18 Revenue

Revenue recognition IAS 18 Revenue

Revenue recognition IAS 18 Revenue. IAS 18 – Revenue definition.

By payton
(768 views)

Chapter 6 Reporting and Interpreting Sales Revenue and Accounts Receivable

Chapter 6 Reporting and Interpreting Sales Revenue and Accounts Receivable

Chapter 6 Reporting and Interpreting Sales Revenue and Accounts Receivable . Acct 2301 Zining Li. Key Terms. Sales revenues Sales returns Sales discount ( 2/10, n/30) Credit card discount All of these three are contra-revenue accounts Accounts receivable

By umeko
(218 views)

Week 1b

Week 1b

Week 1b. Chapter 2—AIS processes. Business activities Business cycles Data Processing Cycle. Business Activities. Basic business activities an organization engages in? Buying buildings/equipment Hiring/training employees Purchasing inventory Selling goods/services Paying Vendors

By caraf
(212 views)

Revenue Accounting: Governmental Funds

Revenue Accounting: Governmental Funds

Revenue Accounting: Governmental Funds. Chapter 5. Learning Objectives. Determine when to recognize and report various revenues Identify categories of nonexchange revenues and when to recognize assets and revenues

By herb
(0 views)

Financial Assets

Financial Assets

Chapter 7. Financial Assets. Learning Objective. To define financial assets and explain their valuation in the balance sheet. LO1. How Much Cash Should a Business Have?. Every business needs enough cash to pay its bills!. $. How Much Cash Should a Business Have?. Financial Assets.

By evania
(151 views)

Annual Report Project

Annual Report Project

Annual Report Project. Coach, Inc. Kathryn St. Croix ACG2021.080. Executive Summary.

By kateb
(163 views)

ACCOUNTING FOR RECEIVABLES

ACCOUNTING FOR RECEIVABLES

CHAPTER. 9. ACCOUNTING FOR RECEIVABLES. The term receivables refers to amounts due from individuals and other companies; they are claims expected to be collected in cash. Three major classes of receivables are: i. Accounts Receivable (due 30 days)

By dom
(157 views)

Chapter 6

Chapter 6

Chapter 6. Reporting and Interpreting Sales Revenue, Receivables, and Cash. Accounting for Sales Revenue. The revenue principle requires that revenues be recorded when earned:. An exchange has taken place. The earnings process is nearly complete. Collection is probable. Reporting Net Sales.

By riva
(227 views)

LESSON 14-1 Uncollectible Accounts 	Receivable

LESSON 14-1 Uncollectible Accounts Receivable

Learning Objectives. LESSON 14-1 Uncollectible Accounts Receivable. LO 1 Explain the purpose of the allowance method for recording losses from uncollectible accounts. LO 2 Estimate uncollectible accounts expense using an aging of accounts receivable.

By xannon
(4 views)

Cash Management Presentation Georgia College and State University November 13, 2009

Cash Management Presentation Georgia College and State University November 13, 2009

Cash Management Presentation Georgia College and State University November 13, 2009. Michael Hill, Vice President for Internal Audit, Compliance and Risk Management . Certified Public Accountant, Certified Fraud Examiner, and Certified Compliance and Ethics Professional.

By harmon
(252 views)

Accounts Receivable, Notes Receivable and Revenue

Accounts Receivable, Notes Receivable and Revenue

Accounts Receivable, Notes Receivable and Revenue. Controlling customers’ orders Credit approval Issuing merchandise Shipping Billing Adjustments to sales and receivables. Internal Control Over the Revenue Cycle. Customer purchase order Sales order

By barto
(207 views)

Consolidation of Less-Than-Wholly-Owned Subsidiaries

Consolidation of Less-Than-Wholly-Owned Subsidiaries

Consolidation of Less-Than-Wholly-Owned Subsidiaries. More than a consolidated balance sheet, however, is needed to provide a comprehensive picture of the consolidated entity’s activities following acquisition. Consolidation of Less-Than-Wholly-Owned Subsidiaries.

By helki
(187 views)

View Uncollectible accounts PowerPoint (PPT) presentations online in SlideServe. SlideServe has a very huge collection of Uncollectible accounts PowerPoint presentations. You can view or download Uncollectible accounts presentations for your school assignment or business presentation. Browse for the presentations on every topic that you want.