Updates
"An investment in knowledge pays the best interest." ~
Benjamin
Franklin
spring 2017 updates
FEB 9, 2017 THURSDAY
Instructions for AC220/1 (2:00 - 4:55 PM)
- ATTENDANCE – EMAIL your instructor anytime today (you may do this during your free time or break period) to indicate that you have read this instruction. Of course, the earlier, the better. This will be your instructor's basis for your attendance today.
- CLASS WORK – SOLVE
PROBLEM 14-1A, page 513 (SLO 2.1). Refer to discussions and illustrative
examples in the textbook.*
- SUBMISSIONS – TURN
IN
both your HOMEWORK and CLASS WORK on or before the end of today's class
period. BRING your papers to
your instructor's office and leave them on one of the receiving trays
in front of his desk. If the office door is locked, gather all your
works together and designate a classmate who will turn them over to
Prof. Medalla in Room B-105.
- FOR NEXT MEETING –
- CONTINUE TO READ/STUDY Chapter 14, pages 502-510
- HOMEWORK 1 in Chapter 14 – ANSWER QUESTIONS 7-11, page 511 (SLO 2.1)
- HOMEWORK 2 in Chapter 14 - SOLVE PROBLEM 14-2A, pages 514 (SLO 2.1)
- QUESTIONS? – EMAIL your instructor if you need help or have any questions.
*In addition to your textbook, there are several video accounting tutorials on YouTube that can be very helpful in your studies. Here are a few links to get you started.
- Accounting for Bad Debts (13:50 mins)
- Bad Debts (Allowance Method, Direct Write Off) (5:22 mins)
- Accounting - Accounts Receivables and Bad Debts - Severson (38:15 mins)
- Accounts Receivable Bad Debt Expense (Direct Write Off Method Vs Allowance Method) (10:06 mins)
this way please ...
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