25
 CHAPTER Cash and Receivables Objectives  After careful study of this chapter, you will be able to: 1. Identify items of cash (and cash equivalents). 2. Understand the importance of cash management. 3. Discuss revenue recognition when the right of return exists. 4 . Understand the credit policies related to accounts receivable. 5. Explain the gross and net methods to account for cash discounts. 6. Estimate and record bad debts using a percentage of sales. 7. Estimate and record bad debts using an aging analysis. 8. Explain pledging, assignment, and factoring of accounts receivable. 9 . Account for short-term notes receivable. 7-1 

strategy 7

Embed Size (px)

Citation preview

Page 1: strategy 7

8/7/2019 strategy 7

http://slidepdf.com/reader/full/strategy-7 1/25

Page 2: strategy 7

8/7/2019 strategy 7

http://slidepdf.com/reader/full/strategy-7 2/25

Page 3: strategy 7

8/7/2019 strategy 7

http://slidepdf.com/reader/full/strategy-7 3/25

Page 4: strategy 7

8/7/2019 strategy 7

http://slidepdf.com/reader/full/strategy-7 4/25

Page 5: strategy 7

8/7/2019 strategy 7

http://slidepdf.com/reader/full/strategy-7 5/25

Page 6: strategy 7

8/7/2019 strategy 7

http://slidepdf.com/reader/full/strategy-7 6/25

Page 7: strategy 7

8/7/2019 strategy 7

http://slidepdf.com/reader/full/strategy-7 7/25

Page 8: strategy 7

8/7/2019 strategy 7

http://slidepdf.com/reader/full/strategy-7 8/25

Page 9: strategy 7

8/7/2019 strategy 7

http://slidepdf.com/reader/full/strategy-7 9/25

Page 10: strategy 7

8/7/2019 strategy 7

http://slidepdf.com/reader/full/strategy-7 10/25

Page 11: strategy 7

8/7/2019 strategy 7

http://slidepdf.com/reader/full/strategy-7 11/25

Page 12: strategy 7

8/7/2019 strategy 7

http://slidepdf.com/reader/full/strategy-7 12/25

Page 13: strategy 7

8/7/2019 strategy 7

http://slidepdf.com/reader/full/strategy-7 13/25

Page 14: strategy 7

8/7/2019 strategy 7

http://slidepdf.com/reader/full/strategy-7 14/25

Page 15: strategy 7

8/7/2019 strategy 7

http://slidepdf.com/reader/full/strategy-7 15/25

Page 16: strategy 7

8/7/2019 strategy 7

http://slidepdf.com/reader/full/strategy-7 16/25

Page 17: strategy 7

8/7/2019 strategy 7

http://slidepdf.com/reader/full/strategy-7 17/25

Page 18: strategy 7

8/7/2019 strategy 7

http://slidepdf.com/reader/full/strategy-7 18/25

Page 19: strategy 7

8/7/2019 strategy 7

http://slidepdf.com/reader/full/strategy-7 19/25

Page 20: strategy 7

8/7/2019 strategy 7

http://slidepdf.com/reader/full/strategy-7 20/25

Page 21: strategy 7

8/7/2019 strategy 7

http://slidepdf.com/reader/full/strategy-7 21/25

Page 22: strategy 7

8/7/2019 strategy 7

http://slidepdf.com/reader/full/strategy-7 22/25

Page 23: strategy 7

8/7/2019 strategy 7

http://slidepdf.com/reader/full/strategy-7 23/25

Page 24: strategy 7

8/7/2019 strategy 7

http://slidepdf.com/reader/full/strategy-7 24/25

Page 25: strategy 7

8/7/2019 strategy 7

http://slidepdf.com/reader/full/strategy-7 25/25