Accounting principles chapter 09

... CHAPTER ACCOUNTING FOR RECEIVABLES After studying this chapter, you should be able to: Identify the different types of receivables ... receivable Compute the maturity date of and interest on notes receivable CHAPTER ACCOUNTING FOR RECEIVABLES After studying this chapter, you should be able to: Explain how notes receivable are recognized ... receivables Examples: interest receivable...

Ngày tải lên: 05/04/2017, 14:49

... CHAPTER ACCOUNTING FOR RECEIVABLES Accounting Principles, Eighth Edition Chapter 9-2 Study Study Objectives Objectives Identify the ... disposition of notes receivable Explain the statement presentation and analysis of receivables Chapter 9-3 Accounting Accounting for for Receivables Receivables Types of Receivables Accounts Receivable ... written off Instructions Prepare the jou...

Ngày tải lên: 05/04/2017, 15:20

... in cash Illustration 9-1 Receivables as a percentage of assets 9-3 LO Types of Receivables Three accounting issues: Recognizing accounts receivable Valuing accounts receivable Disposing of accounts ... Companies record credit losses as debits to Bad Debt Expense LO Valuing Accounts Receivable Methods of Accounting for Uncollectible Accounts Direct Write-Off Theoretically undesirable: 9-10...

Ngày tải lên: 12/05/2017, 11:44

... Chapter Accounting for Receivables Chapter 9-2 Accounting Principles, Ninth Edition Study Study Objectives Objectives Identify ... analysis of receivables Chapter 9-3 Accounting Accounting for for Receivables Receivables Types of Receivables Accounts receivable Notes receivable Other receivables Chapter 9-4 Accounts Receivable ... Receivable Other Other Receivables Receivables...

Ngày tải lên: 13/05/2017, 10:21

... CHAPTER9 Accounting for Receivables 9-2 PreviewofCHAPTER9 9-3 Types of Receivables Amounts due from individuals and other companies that are expected to be collected in cash Amounts owed by ... Illustration 9-1 9-5 SO Identify the different types of receivables Accounts Receivables Three accounting issues: Recognizing accounts receivable Valuing accounts receivable Disposing of accoun...

Ngày tải lên: 15/05/2017, 10:33

... Discounting is a method of financing receivables by selling promissory notes held as notes receivable to a financial lender, usually a bank – The bank derives its profit by deducting the interest ... The accounts of customers who cannot or will not pay are called uncollectible accounts (or bad debts) – There are two methods of accounting for uncollectible accounts:  Direct char...

Ngày tải lên: 15/05/2017, 15:43

... property, plant, and equipment; plant and equipment; and fixed assets 9-2 Plant Assets Plant assets are critical to a company’s success Illustration 9-1 9-3 Determining the Cost of Plant Assets ... related to accounting for intangible assets Accounting for Intangible Assets Franchises and Licenses  Contractual arrangement between a franchisor and a fran...

Ngày tải lên: 07/06/2015, 03:53

... Case 9-25 533 534 Chapter Lecture Notes Helpful Hint: Before beginning the lecture, show students the ninth segment from the second tape of the McGraw-Hill/Irwin Managerial/ Cost Accounting video ... introduces students to many of the concepts discussed in chapter The lecture notes reinforce the concepts introduced in the video I Chapter theme: This chapter focuses on the steps tak...

Ngày tải lên: 23/11/2016, 10:46

... T., Buddenbohm, H and Swenson, D., “Understanding Capacity Utilization at Rocketdyne,” Management Accounting Quarterly (Winter 2000) p.42 [6p] Inventory Costing and Capacity Analysis 15 ... practical capacity level to calculate the rate and proration for tax reporting Inventory Costing and Capacity Analysis Difficulties in forecasting chosen denominator-level...

Ngày tải lên: 23/11/2016, 16:12

... Straight-line – (3) Double-declining balance – (4) 150 percent declining balance – (5) Sum-of-the-years digits – (6) MACRS (income tax depreciation) – Under IFRS, depreciation accounting is very ... Maintenance?  Betterments: – Increase asset’s useful life – Improve quality of asset’s output – Increase quantity of asset’s output – Reduce asset’s operating costs  Maintenance – maintain ......

Ngày tải lên: 24/11/2016, 11:12

... REPORTING AND ANALYZING LONG- LIVED ASSETS 9-2 Financial Accounting, Seventh Edition Learning Learning Objectives Objectives After studying this chapter, you should be able ... plant assets Describe methods for evaluating the use of plant assets Identify the basic issues related to reporting intangible assets Indicate how long- lived assets are reported in the financi...

Ngày tải lên: 01/12/2016, 15:34

... 39 The Profound Impact of the Internet On Marketing Research Discuss the profound impact of the Internet on marketing research 40 © Cengage Learning Inc 2015 All Rights Reserved Impact of the ... of Marketing Research Marketing research is the process of planning, collecting, and analyzing data relevant to a marketing decision © Cengage Learning Inc 2015 All Rights Reserv...

Ngày tải lên: 09/12/2016, 12:20

... CHAPTER ACCOUNTING IN ACTION After studying this chapter, you should be able to: • Explain what accounting is • Identify users and uses of accounting • Understand why ... concept • Explain the meaning of generally accepted accounting principles and the cost principle CHAPTER ACCOUNTING IN After studying thisACTION chapter, you should be able to: • Explain the meaning ... BOO...

Ngày tải lên: 05/04/2017, 14:48

... CHAPTER THE RECORDING After studying this chapter, you should be able to: PROCESS Explain what an account is and how ... process Explain what a journal is and how it helps in the recording process CHAPTER THE RECORDING After studying PROCESS this chapter, you should be able to: Explain what a ledger is and how it helps ... trial balance and explain its purpose THE ACCOUNT STUDY OBJECTIV...

Ngày tải lên: 05/04/2017, 14:48

... accrual-basis accounting is incorrect? a Accrual-basis accounting follows the revenue recognition principle b Accrual-basis accounting is the method required by generally accepted accounting principles ... Accrual-basis accounting follows the revenue recognition principle b Accrual-basis accounting is the method required by generally accepted accounting principles c Accrual-...

Ngày tải lên: 05/04/2017, 14:48