PPT-Accounts Receivable and Inventory Management

After studying you should be able to List the key factors that can be varied in a firms credit policy and understand the tradeoff between profitability and costs involved Understand how the level of investment in accounts receivable is affected by the firms credit policies . Receivables, Bad Debt Expense, and Interest Revenue. PowerPoint Authors:. Brandy Mackintosh. Lindsay . Heiser. Learning Objective 8-1. Describe the trade-offs of extending credit.. Pros and Cons of Extending Credit. Chapter 5. Summary. Short-Term (Trading) Investments. 3 Transactions. Initial purchase. Period End Adjustment. Sale of Investment. Reporting ST Investments. Year of Purchase. Balance Sheet. Market Value of Investment. Chapter . 6. Cash. and Receivables. © 2013 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.. Intermediate. Receivables, Bad Debt Expense, and Interest Revenue. PowerPoint Authors:. Brandy Mackintosh. Lindsay . Heiser. Learning Objective 8-1. Describe the trade-offs of extending credit.. Pros and Cons of Extending Credit. Chapter 9. Accounts Receivable. C1. A receivable is an amount due from another party. . A company must also maintain a separate account for each customer that tracks how much that customer purchases, has already paid, and still owes.. Chapter 6. Learning Objectives. After studying this chapter, you should be able to:. Describe the common classifications of receivables. Describe the nature of and the accounting for uncollectible receivables. Chapter 7. Copyright © 2016 McGraw-Hill Education.  All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education.. Wild, Shaw, and . Chiappetta. Financial & Managerial Accounting. PowerPoint . Author:. . Brandy Mackintosh, CA. Learning Objective 8-1. Describe the trade-offs of extending credit.. Pros and Cons of Extending Credit. Disadvantages. Increased wage costs.. Bad debt costs.. 9. Learning Objectives. Explain how companies . recognize accounts . receivable.. Describe how companies . value accounts . receivable and record . their disposition. .. Explain how companies . recognize notes . Acct 2210 . Chapter . 7. (Omit . pg. 370-373). McGraw-Hill/Irwin. McGraw-Hill/Irwin. Copyright © 2013 by The McGraw-Hill Companies, Inc. All rights reserved.. Explain how the allowance method of accounting for uncollectible accounts affects financial statements.. Receipts. Learning Objectives. Explain and Journalize Entries for Sales, Sales Discounts, and Sales Returns and Allowances. Record to Subsidiary Ledgers and Post to General Ledger Sales Transactions and Returns. Accounts receivable (AR) automation assistances corporations improve their consumer invoicing and payment processes. It aims to ensure that consumer’s remuneration for the goods or services they utilized. – . Accounts Receivable. What does accounts receivable mean?. Where can I find accounts receivable in . CStore. ?. How do I collect on these invoices?. Why is accounts receivable important?. Agenda. Sales and Collection Cycle:. Accounts Receivable. Chapter 15. Learning Objective 1. Describe the methodology. for designing tests of details. of balances using the. audit risk model.. Accounts Receivable Balance-Related Audit Objectives.