PPT-MBUG 2014 Session Title: Banner Accounts Receivable Refreshing the Basics

Presented By Laura Chisolm Institution Pearl River Community College September 15 2014 Please turn off your cell phone If you must leave the session early please do so discreetly Please avoid side conversation during the session. Every soul has an empty, restless, greedy longing inside. (continuum) . David was in the desert when he penned these words, Psalm 63:1, . “O God, you are my God, earnestly I seek you; my soul thirsts for you, my body longs for you, in a dry and weary land where there is no water.” . The Cat: That greatly depends on . where you want to go.. Alice: I don’t care where I go.. The Cat: Then it doesn’t matter how. you get there.. - Alice In Wonderland. MBUG 2012. Data Integrity:. 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. Nature of financial instruments. Cash. Receivables. Recognition of accounts receivable. Valuation (the doubtful accounts issue). Disposition of accounts receivable. Notes receivable. Notes payable. 1. Nature of financial instruments. Chapter 8. Joudrey. Subsidiary Ledgers. A growing firm will have a rapid increase in the number of customers who will purchase goods or services on account. Accounts must be kept for each customer so the firm can keep track of who owes them money and in what amounts. If this company were to list all of these on their financial statements (balance sheet) it would be very lengthy. . 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. 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.. Presenter Name(s). Presenter Institution(s). Alabama Banner Users Group . 2017 Fall . Conference. November xx, . 2017. Alabama Banner Users Group . 2017 Fall . Conference. 1. About this template. Sample slides with instructions have been added for you as a guide. 9. Learning Objectives. Explain how companies . recognize accounts . receivable.. Describe how companies . value accounts . receivable and record . their disposition. .. Explain how companies . recognize notes . Presented By: Cindy Hampton. Institution: Mississippi College. September 14, 2015. Please turn off your cell phone.. If you must leave the session early, please do so discreetly.. Please avoid side conversation during the session.. 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.. Carole Wilson. UNC Wilmington. Session Etiquette. Please turn off all cell phones. . Please keep side conversations to a minimum. . If you must leave during the presentation, please do so as quietly as possible.. LO. 1. Explain the purpose of the allowance method for recording losses from uncollectible accounts.. LO. 2. Estimate uncollectible accounts expense using an aging of accounts receivable.. LO. 3.