ACC 291 (Principles of Accounting-II) Week 1 Complete
Principles of Accounting II
ACC - 291 Week 1
Discussion Question 1:
How would you describe the entries to record the disposition of accounts receivables?
What is their function?
Discussion Question 2:
How are bad debts accounted for under the direct write-off method?
What are the disadvantages of this method?
Discussion Question 3:
[Please find an Annual Report from a company you want to use for the rest of the class. It can be your own company, a company from the resources at school, or one from the web. Try to answer all Discussion Questions by including detail from your source.]
Why would you select the percentage of sales method for calculating doubtful accounts instead of the percentage of receivables method?
Discussion Question 4 :
[Please find an Annual Report from a company you want to use for the rest of the class. It can be your own company, a company from the resources at school, or one from the web. Try to answer all Discussion Questions by including detail from your source.]
What is the difference between revenue expenditures and capital expenditures during a useful life?
Are there similarities?
Principles of Accounting II
ACC - 291 Week 1
Discussion Question 1:
How would you describe the entries to record the disposition of accounts receivables?
What is their function?
Discussion Question 2:
How are bad debts accounted for under the direct write-off method?
What are the disadvantages of this method?
Discussion Question 3:
[Please find an Annual Report from a company you want to use for the rest of the class. It can be your own company, a company from the resources at school, or one from the web. Try to answer all Discussion Questions by including detail from your source.]
Why would you select the percentage of sales method for calculating doubtful accounts instead of the percentage of receivables method?
Discussion Question 4 :
[Please find an Annual Report from a company you want to use for the rest of the class. It can be your own company, a company from the resources at school, or one from the web. Try to answer all Discussion Questions by including detail from your source.]
What is the difference between revenue expenditures and capital expenditures during a useful life?
Are there similarities?
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