The Journal
•
1 like•195 views
Bad debt is an expense that a business incurs once the repayment of credit previously extended to a customer is estimated to be uncollectible
Report
Share
Report
Share
Download to read offline
Recommended
Startup visa program
The document discusses Canada's startup visa program which provides permanent residency to partners of venture capital projects. The program has easy requirements like a secondary school degree and intermediate English. Applicants work with a Canadian investor to receive a letter of support for their business project. They then prepare legal agreements and apply for a startup visa. If the venture capital investment requirements are met within 6 months, the startup visa then becomes permanent residency. Various investment options are provided between $25,000-$750,000, with timelines for obtaining the startup visa and getting the investment back. Business projects are available in different sectors online. The probability of refusal is low as governments want to attract innovative projects. Local information meetings about the startup visa program
Salary form spa manager 2015
This document is a salary form for an employee in China. It shows the employee's monthly salary is 2,644 CNY and includes bonuses, retirement pension deductions, and taxes. After deductions, the employee's net monthly salary is 912 CNY which will be paid via bank transfer.
Salary form internal sales 2015
This document is a salary form for an employee named FHC CHINA ASIA. It shows their monthly base salary is 2,800 CNY. It lists the various deductions taken out of their salary for taxes, insurance, and retirement funds. After all deductions, the employee's net monthly paid salary is 966 CNY which will be paid by bank transfer.
9 THE GENERAL JOURNAL.pptx
A general journal is a daybook or subsidiary journal in which transactions relating to adjustment entries, opening stock, depreciation, accounting errors etc. are recorded. The source documents for general journal entries may be journal vouchers, copies of management reports and invoices. Journals are prime entry books, and may also be referred to as books of original entry, from when transactions were written in a journal before they were manually posted to accounts in the general ledger or a subsidiary ledger.
Statement of Financial Position
1. Equipment P 15,000
2. Annual depreciation P 3,000
3. Accumulated depreciation as of Dec 31, 2016 (P 3,000 x 2 years) P 6,000
4. Net book value of Equipment as of Dec 31, 2016 (P 15,000 - P 6,000) P 9,000
Statement of Financial Position
Accounting for Receivables Lecture PPT.pptx
a. Total estimated uncollectible:
March sales (1-30 days) - 2% of 65,000 = 1,300
February sales (31-60 days) - 5% of 17,600 = 880
January sales (61-90 days) - 30% of 8,500 = 2,550
Prior to January (over 90 days) - 50% of 7,000 = 3,500
Total estimated uncollectible = 1,300 + 880 + 2,550 + 3,500 = 8,230
b. Adjusting entry at March 31:
Bad debts expense Dr. 8,230
Allowance for doubtful accounts Cr. 8,230
(To record estimated
Statement of Financial Position (SFP) - Chapter 1
The document discusses various asset accounts including cash, receivables, inventory, and prepaid expenses. It provides details on what each asset includes, such as cash including cash on hand and in bank accounts, receivables arising from credit sales and loans, inventory for goods held for resale, and prepaid expenses for items paid in advance like insurance. Examples are given for each type of asset to illustrate the accounting concepts.
Receivables - Chapter 9 Principles Accounting
1) The document discusses accounting for receivables, including accounts receivable, notes receivable, uncollectible receivables, and methods for estimating uncollectibles.
2) It compares the direct write-off and allowance methods for uncollectible accounts and describes how to estimate bad debts using the percentage of sales and aging of receivables methods.
3) Reporting of receivables on the balance sheet and calculating accounts receivable turnover and number of days' sales in receivables to evaluate efficiency of receivables collection are also covered.
Recommended
Startup visa program
The document discusses Canada's startup visa program which provides permanent residency to partners of venture capital projects. The program has easy requirements like a secondary school degree and intermediate English. Applicants work with a Canadian investor to receive a letter of support for their business project. They then prepare legal agreements and apply for a startup visa. If the venture capital investment requirements are met within 6 months, the startup visa then becomes permanent residency. Various investment options are provided between $25,000-$750,000, with timelines for obtaining the startup visa and getting the investment back. Business projects are available in different sectors online. The probability of refusal is low as governments want to attract innovative projects. Local information meetings about the startup visa program
Salary form spa manager 2015
This document is a salary form for an employee in China. It shows the employee's monthly salary is 2,644 CNY and includes bonuses, retirement pension deductions, and taxes. After deductions, the employee's net monthly salary is 912 CNY which will be paid via bank transfer.
Salary form internal sales 2015
This document is a salary form for an employee named FHC CHINA ASIA. It shows their monthly base salary is 2,800 CNY. It lists the various deductions taken out of their salary for taxes, insurance, and retirement funds. After all deductions, the employee's net monthly paid salary is 966 CNY which will be paid by bank transfer.
9 THE GENERAL JOURNAL.pptx
A general journal is a daybook or subsidiary journal in which transactions relating to adjustment entries, opening stock, depreciation, accounting errors etc. are recorded. The source documents for general journal entries may be journal vouchers, copies of management reports and invoices. Journals are prime entry books, and may also be referred to as books of original entry, from when transactions were written in a journal before they were manually posted to accounts in the general ledger or a subsidiary ledger.
Statement of Financial Position
1. Equipment P 15,000
2. Annual depreciation P 3,000
3. Accumulated depreciation as of Dec 31, 2016 (P 3,000 x 2 years) P 6,000
4. Net book value of Equipment as of Dec 31, 2016 (P 15,000 - P 6,000) P 9,000
Statement of Financial Position
Accounting for Receivables Lecture PPT.pptx
a. Total estimated uncollectible:
March sales (1-30 days) - 2% of 65,000 = 1,300
February sales (31-60 days) - 5% of 17,600 = 880
January sales (61-90 days) - 30% of 8,500 = 2,550
Prior to January (over 90 days) - 50% of 7,000 = 3,500
Total estimated uncollectible = 1,300 + 880 + 2,550 + 3,500 = 8,230
b. Adjusting entry at March 31:
Bad debts expense Dr. 8,230
Allowance for doubtful accounts Cr. 8,230
(To record estimated
Statement of Financial Position (SFP) - Chapter 1
The document discusses various asset accounts including cash, receivables, inventory, and prepaid expenses. It provides details on what each asset includes, such as cash including cash on hand and in bank accounts, receivables arising from credit sales and loans, inventory for goods held for resale, and prepaid expenses for items paid in advance like insurance. Examples are given for each type of asset to illustrate the accounting concepts.
Receivables - Chapter 9 Principles Accounting
1) The document discusses accounting for receivables, including accounts receivable, notes receivable, uncollectible receivables, and methods for estimating uncollectibles.
2) It compares the direct write-off and allowance methods for uncollectible accounts and describes how to estimate bad debts using the percentage of sales and aging of receivables methods.
3) Reporting of receivables on the balance sheet and calculating accounts receivable turnover and number of days' sales in receivables to evaluate efficiency of receivables collection are also covered.
Chapter 5, Fundamentals of Accounting I (2).pptx
This chapter discusses accounting for receivables. It defines receivables as amounts due from customers and others that are expected to be collected in cash. The chapter covers the different types of receivables including accounts receivable and notes receivable. It explains how companies recognize and value receivables, and the journal entries for adjusting accounts and writing off uncollectible amounts. The chapter also discusses methods for estimating uncollectible accounts, such as the percentage of sales and percentage of receivables approaches.
Ch09
This document discusses accounting for receivables. It covers three main types of receivables - accounts receivable, notes receivable, and other receivables. The key accounting issues for accounts receivable are recognizing them, valuing them using either the direct write-off or allowance method, and disposing of them through collection, sale, or credit card transactions. Notes receivable involve determining maturity dates, computing interest, and recognizing, valuing, and collecting them. The document provides examples and journal entries for these various receivables topics.
Chapter 09 ACCOUNTING FOR RECEIVABLES.ppt
This chapter summary discusses accounting for receivables, including accounts receivable and notes receivable. It covers recognizing, valuing, and disposing of both accounts receivable and notes receivable. Specific topics covered include the allowance method and direct write-off method for estimating uncollectible accounts, percentage of sales and receivables bases, and sales of receivables through factoring or credit card transactions.
Ch 7 bad debts
This document provides an overview of accounting concepts related to bad debt, allowances for doubtful debt, and discounts. It defines bad debt and doubtful debt, and explains how to record journal entries for bad debt expenses, bad debt recovered, and adjustments to allowance for doubtful debt. It also defines discount allowable and explains how to estimate and record allowance for discount allowable. The goal is to help the reader understand how to account for amounts that may not be fully collected from debtors.
July 2014 theory exam (theory)
The document contains questions from a July 2014 theory exam for accounting. It includes questions on the accounting equation, understandability and comparability, defining liabilities and recording them, differentiating between cash books and petty cash books, identifying which ledger accounts have debit or credit balances, differentiating between debtors and creditors, listing accounts created in a general ledger, and identifying reports that can be printed from an accounting system. The document provides sample answers to the questions.
Account receivable presentation
- An account receivable represents money owed to a company for goods or services sold on credit. When an account receivable becomes uncollectible, it is recorded as a bad debt expense.
- There is an upside to offering credit sales by encouraging purchases, but there is a downside in that some customers will delay payment or not pay at all, creating bad debts.
- Companies must investigate outstanding accounts receivable to identify bad debts, which are difficult to determine if a customer is merely late or unable to pay. Accounting standards provide two methods to account for doubtful accounts and bad debts.
Presentation1.pptx
This document discusses receivable financing, which allows a company to raise funds using its accounts receivable. It describes pledge, assignment, and factoring of receivables. Pledging involves using receivables as collateral for a bank loan. The company retains collection rights but may need to remit funds to the bank. Accounting involves recording the loan and subsequent payments. Financial statements must disclose pledged receivables. Illustrations demonstrate journal entries for pledging receivables and repaying a loan.
Chapter2 receivable edited2013
The document discusses accounts receivable and notes receivable. It defines receivables as amounts due from individuals and companies. It identifies the main types of receivables as accounts receivable, notes receivable, and other receivables. It then covers accounting issues related to recognition, valuation, and estimation of uncollectibles for accounts receivable. Finally, it discusses the processes of assigning or factoring accounts receivable, including examples of journal entries for assigning receivables as collateral for a loan.
Journalising- easy way to learn journal entries for beginners in Accounting S...
Journalising- easy way to learn journal entries for beginners in Accounting S...Sarat Kumar Budumuru
June 1, 2011: Started business with cash Rs. 45,000. Cash account debited and capital account credited.
June 3, 2011: Sold goods for cash Rs. 8,500 and purchased goods for Rs. 7,000. Cash and sales accounts debited and credited respectively for sale. Purchases account debited and personal account credited for purchase.
June 5, 2011: Withdrew cash from bank for personal and business use. Drawings and cash accounts debited and bank account credited in a compound journal entry.
The document discusses various accounting principles and rules for journalizing transactions like expenses, gains, cash/credit transactions, opening entries, discounts, purchases/sales of investments andch09-200529002111.pdf
The document discusses accounting for receivables. It explains that companies recognize accounts receivable when goods or services are sold on credit. Accounts receivable are valued at their expected cash realizable value by using an allowance method where bad debt expense is estimated and an allowance account is adjusted. Companies can dispose of receivables by selling them to factors or accepting credit card payments with a processing fee.
Accounting For Receivables 9 Learning Objectives
Companies recognize accounts receivable when goods or services are sold on credit. Accounts receivable are valued at their expected cash realizable value by using an allowance method where uncollectible amounts are estimated. The allowance account is a contra-asset account that is deducted from accounts receivable on the balance sheet. When specific accounts are deemed uncollectible they are written off by debiting the allowance and crediting the receivable. Recoveries of previously written off amounts are recorded by debiting cash and crediting the receivable.
Presentation1 BiLL OF EXHANGE 1.pptx
Mr. A sold goods to Mr. B for $20,000 on credit and drew a three-month bill of exchange on Mr. B for the same amount, which Mr. B accepted. On the due date, Mr. B honored the bill as due. The document also provides examples of a bill being dishonored, bills being discounted by drawers with banks, bills being endorsed to a third party, and bills being sent to banks for collection.
ch07.ppt
This document discusses accounting for cash and receivables. It defines cash and cash equivalents, and explains how to report restricted cash and bank overdrafts. Accounts receivable and notes receivable are defined as the main types of receivables. Recognition and valuation of accounts receivable are explained, including issues like trade discounts, cash discounts, and allowance for doubtful accounts. Estimating bad debts through percentage of sales and receivables approaches is covered.
PPT Accounting Principle Chapter Sembilan
The document discusses accounting for receivables. It explains that companies recognize accounts receivable when goods or services are sold on credit. Accounts receivable are valued at their expected cash realizable amount by using an allowance method where bad debt expense is estimated and an allowance account is adjusted. Companies can dispose of receivables by selling them to factors at a discount or accepting credit card payments with a processing fee.
13-‹#›PREVIEW OF CHAPTERIntermediate AccountingIFR.docx
13-‹#›
PREVIEW OF CHAPTER
Intermediate Accounting
IFRS 2nd Edition
Kieso, Weygandt, and Warfield
13
13-‹#›
Explain the accounting for different types of provisions.
Identify the criteria used to account for and disclose contingent liabilities and assets.
Indicate how to present and analyze liability-related information.
After studying this chapter, you should be able to:
Current Liabilities, Provisions, and Contingencies
13
LEARNING OBJECTIVES
Describe the nature, type, and valuation of current liabilities.
Explain the classification issues of short-term debt expected to be refinanced.
Identify types of employee-related liabilities.
13-‹#›
Three essential characteristics:
Present obligation.
Arises from past events.
Results in an outflow of resources (cash, goods, services).
CURRENT LIABILITIES
LO 1
13-‹#›
A current liability is reported if one of two conditions exists:
Liability is expected to be settled within its normal operating cycle; or
Liability is expected to be settled within 12 months after the reporting date.
The operating cycle is the period of time elapsing between the acquisition of goods and services and the final cash realization resulting from sales and subsequent collections.
CURRENT LIABILITIES
LO 1
13-‹#›
Typical Current Liabilities:
Accounts payable.
Notes payable.
Current maturities of long-term debt.
Short-term obligations expected to be refinanced.
Dividends payable.
Customer advances and deposits.
Unearned revenues.
Sales and value-added taxes payable.
Income taxes payable.
Employee-related liabilities.
CURRENT LIABILITIES
LO 1
13-‹#›
Accounts Payable (trade accounts payable)
Balances owed to others for goods, supplies, or services purchased on open account.
Time lag between the receipt of services or acquisition of title to assets and the payment for them.
Terms of the sale (e.g., 2/10, n/30 or 1/10, E.O.M.) usually state period of extended credit, commonly 30 to 60 days.
CURRENT LIABILITIES
LO 1
13-‹#›
Notes Payable
Written promises to pay a certain sum of money on a specified future date.
Arise from purchases, financing, or other transactions.
Notes classified as short-term or long-term.
Notes may be interest-bearing or zero-interest-bearing.
CURRENT LIABILITIES
LO 1
13-‹#›
Illustration: Castle National Bank agrees to lend €100,000 on March 1, 2015, to Landscape Co. if Landscape signs a €100,000, 6 percent, four-month note. Landscape records the cash received on March 1 as follows:
Cash 100,000
Notes Payable 100,000
Interest-Bearing Note Issued
CURRENT LIABILITIES
LO 1
13-‹#›
If Landscape prepares financial statements semiannually, it makes the following adjusting entry to recognize interest expense and interest payable at June 30, 2015:
Interest Expense 2,000
Interest Payable 2,000
(€100,000 x 6% x 4/12) = €2,000
Interest calculation =
Interest-Bearing Note Issued
LO 1
13-‹#›
At maturity (July 1, 2016), Landscape records payment of the note and accrued intere ...
ch09-200529002111.pptx
Companies recognize accounts receivable when goods or services are sold on credit. Accounts receivable are valued at their expected cash realizable value by estimating and recording an allowance for doubtful accounts through a credit to Bad Debt Expense. When specific accounts are written off as uncollectible, the allowance account is debited with an offsetting credit to Accounts Receivable. The allowance method following this process provides a better matching of revenues and expenses than the direct write-off method.
Financial Accounting
This document provides an overview of transaction analysis and adjustments. It discusses evaluating historical cost, revenues, expenses, sales of inventory, and interest adjustments. For revenues, it explains that revenue equals the amount charged but may not equal cash received if on credit. Expenses occur when resources are used to generate revenue, even if not paid in cash. Sales contain both revenue from credit given and an expense for cost of goods sold. Interest expense is adjusted for even if not yet paid.
Accounting Principles, 12th Edition Ch09
Here are the key steps to solving this problem:
1. Calculate 10% of accounts receivable to estimate uncollectible accounts:
- 10% of $30,000 is 0.1 * $30,000 = $3,000
2. Add the existing balance in the allowance account:
- $2,000 existing balance
3. The total estimated uncollectible accounts is $3,000 + $2,000 = $5,000
Therefore, the adjusting entry is:
Bad Debt Expense 5,000
Allowance for Doubtful Accounts 5,000
EMS 13 OCT SLIDES.pptx
This document provides an introduction to general ledgers for a sole trader. It defines key terms like double entry principle and distinguishes between asset, owner's equity and liability accounts. It explains that the accounting equation is Assets = Owner's Equity + Liabilities. It provides an example transaction of a sole trader depositing capital and the corresponding journal entries to record it on the general ledger. It concludes with an interactive quiz for learners to test their understanding of general ledgers.
Chapter 8
The note was dated March 1, 2009 and was due May 30, 2009. This is 3 months or 3/12 of a year. The principal was $12,000 and the annual interest rate was 9%. To calculate the interest, use the formula:
Principal × Annual Interest Rate × Time Expressed in Years = Interest
So, $12,000 × 9% × 3/12 = $270
Therefore, the interest on the note is $270.
Achieving Quality Production
This document discusses quality, quality control, quality assurance, and total quality management. It explains that quality means meeting customer expectations. Quality control checks quality after production through inspectors, while quality assurance checks quality throughout production by employees. Total quality management focuses on continuous quality improvement by building quality into every stage and making all employees responsible for quality. Maintaining quality helps businesses through increased sales, customer loyalty and reputation while lack of quality hurts businesses.
Business/ Commerce
Business and commerce involve the production of goods and services to generate a profit. Key questions that must be addressed include what and how much to produce, how to produce items, and who will consume the goods and services. Modern advances like advanced trade systems have made national and global commerce easier and more prosperous. Changing consumer demands and new technologies also create new opportunities. While business and commerce have different words, they have the same meaning and concept and can be used interchangeably to refer to the combined activities of manufacturing, marketing, exchange, distribution, and finance.
More Related Content
Similar to The Journal
Chapter 5, Fundamentals of Accounting I (2).pptx
This chapter discusses accounting for receivables. It defines receivables as amounts due from customers and others that are expected to be collected in cash. The chapter covers the different types of receivables including accounts receivable and notes receivable. It explains how companies recognize and value receivables, and the journal entries for adjusting accounts and writing off uncollectible amounts. The chapter also discusses methods for estimating uncollectible accounts, such as the percentage of sales and percentage of receivables approaches.
Ch09
This document discusses accounting for receivables. It covers three main types of receivables - accounts receivable, notes receivable, and other receivables. The key accounting issues for accounts receivable are recognizing them, valuing them using either the direct write-off or allowance method, and disposing of them through collection, sale, or credit card transactions. Notes receivable involve determining maturity dates, computing interest, and recognizing, valuing, and collecting them. The document provides examples and journal entries for these various receivables topics.
Chapter 09 ACCOUNTING FOR RECEIVABLES.ppt
This chapter summary discusses accounting for receivables, including accounts receivable and notes receivable. It covers recognizing, valuing, and disposing of both accounts receivable and notes receivable. Specific topics covered include the allowance method and direct write-off method for estimating uncollectible accounts, percentage of sales and receivables bases, and sales of receivables through factoring or credit card transactions.
Ch 7 bad debts
This document provides an overview of accounting concepts related to bad debt, allowances for doubtful debt, and discounts. It defines bad debt and doubtful debt, and explains how to record journal entries for bad debt expenses, bad debt recovered, and adjustments to allowance for doubtful debt. It also defines discount allowable and explains how to estimate and record allowance for discount allowable. The goal is to help the reader understand how to account for amounts that may not be fully collected from debtors.
July 2014 theory exam (theory)
The document contains questions from a July 2014 theory exam for accounting. It includes questions on the accounting equation, understandability and comparability, defining liabilities and recording them, differentiating between cash books and petty cash books, identifying which ledger accounts have debit or credit balances, differentiating between debtors and creditors, listing accounts created in a general ledger, and identifying reports that can be printed from an accounting system. The document provides sample answers to the questions.
Account receivable presentation
- An account receivable represents money owed to a company for goods or services sold on credit. When an account receivable becomes uncollectible, it is recorded as a bad debt expense.
- There is an upside to offering credit sales by encouraging purchases, but there is a downside in that some customers will delay payment or not pay at all, creating bad debts.
- Companies must investigate outstanding accounts receivable to identify bad debts, which are difficult to determine if a customer is merely late or unable to pay. Accounting standards provide two methods to account for doubtful accounts and bad debts.
Presentation1.pptx
This document discusses receivable financing, which allows a company to raise funds using its accounts receivable. It describes pledge, assignment, and factoring of receivables. Pledging involves using receivables as collateral for a bank loan. The company retains collection rights but may need to remit funds to the bank. Accounting involves recording the loan and subsequent payments. Financial statements must disclose pledged receivables. Illustrations demonstrate journal entries for pledging receivables and repaying a loan.
Chapter2 receivable edited2013
The document discusses accounts receivable and notes receivable. It defines receivables as amounts due from individuals and companies. It identifies the main types of receivables as accounts receivable, notes receivable, and other receivables. It then covers accounting issues related to recognition, valuation, and estimation of uncollectibles for accounts receivable. Finally, it discusses the processes of assigning or factoring accounts receivable, including examples of journal entries for assigning receivables as collateral for a loan.
Journalising- easy way to learn journal entries for beginners in Accounting S...
Journalising- easy way to learn journal entries for beginners in Accounting S...Sarat Kumar Budumuru
June 1, 2011: Started business with cash Rs. 45,000. Cash account debited and capital account credited.
June 3, 2011: Sold goods for cash Rs. 8,500 and purchased goods for Rs. 7,000. Cash and sales accounts debited and credited respectively for sale. Purchases account debited and personal account credited for purchase.
June 5, 2011: Withdrew cash from bank for personal and business use. Drawings and cash accounts debited and bank account credited in a compound journal entry.
The document discusses various accounting principles and rules for journalizing transactions like expenses, gains, cash/credit transactions, opening entries, discounts, purchases/sales of investments andch09-200529002111.pdf
The document discusses accounting for receivables. It explains that companies recognize accounts receivable when goods or services are sold on credit. Accounts receivable are valued at their expected cash realizable value by using an allowance method where bad debt expense is estimated and an allowance account is adjusted. Companies can dispose of receivables by selling them to factors or accepting credit card payments with a processing fee.
Accounting For Receivables 9 Learning Objectives
Companies recognize accounts receivable when goods or services are sold on credit. Accounts receivable are valued at their expected cash realizable value by using an allowance method where uncollectible amounts are estimated. The allowance account is a contra-asset account that is deducted from accounts receivable on the balance sheet. When specific accounts are deemed uncollectible they are written off by debiting the allowance and crediting the receivable. Recoveries of previously written off amounts are recorded by debiting cash and crediting the receivable.
Presentation1 BiLL OF EXHANGE 1.pptx
Mr. A sold goods to Mr. B for $20,000 on credit and drew a three-month bill of exchange on Mr. B for the same amount, which Mr. B accepted. On the due date, Mr. B honored the bill as due. The document also provides examples of a bill being dishonored, bills being discounted by drawers with banks, bills being endorsed to a third party, and bills being sent to banks for collection.
ch07.ppt
This document discusses accounting for cash and receivables. It defines cash and cash equivalents, and explains how to report restricted cash and bank overdrafts. Accounts receivable and notes receivable are defined as the main types of receivables. Recognition and valuation of accounts receivable are explained, including issues like trade discounts, cash discounts, and allowance for doubtful accounts. Estimating bad debts through percentage of sales and receivables approaches is covered.
PPT Accounting Principle Chapter Sembilan
The document discusses accounting for receivables. It explains that companies recognize accounts receivable when goods or services are sold on credit. Accounts receivable are valued at their expected cash realizable amount by using an allowance method where bad debt expense is estimated and an allowance account is adjusted. Companies can dispose of receivables by selling them to factors at a discount or accepting credit card payments with a processing fee.
13-‹#›PREVIEW OF CHAPTERIntermediate AccountingIFR.docx
13-‹#›
PREVIEW OF CHAPTER
Intermediate Accounting
IFRS 2nd Edition
Kieso, Weygandt, and Warfield
13
13-‹#›
Explain the accounting for different types of provisions.
Identify the criteria used to account for and disclose contingent liabilities and assets.
Indicate how to present and analyze liability-related information.
After studying this chapter, you should be able to:
Current Liabilities, Provisions, and Contingencies
13
LEARNING OBJECTIVES
Describe the nature, type, and valuation of current liabilities.
Explain the classification issues of short-term debt expected to be refinanced.
Identify types of employee-related liabilities.
13-‹#›
Three essential characteristics:
Present obligation.
Arises from past events.
Results in an outflow of resources (cash, goods, services).
CURRENT LIABILITIES
LO 1
13-‹#›
A current liability is reported if one of two conditions exists:
Liability is expected to be settled within its normal operating cycle; or
Liability is expected to be settled within 12 months after the reporting date.
The operating cycle is the period of time elapsing between the acquisition of goods and services and the final cash realization resulting from sales and subsequent collections.
CURRENT LIABILITIES
LO 1
13-‹#›
Typical Current Liabilities:
Accounts payable.
Notes payable.
Current maturities of long-term debt.
Short-term obligations expected to be refinanced.
Dividends payable.
Customer advances and deposits.
Unearned revenues.
Sales and value-added taxes payable.
Income taxes payable.
Employee-related liabilities.
CURRENT LIABILITIES
LO 1
13-‹#›
Accounts Payable (trade accounts payable)
Balances owed to others for goods, supplies, or services purchased on open account.
Time lag between the receipt of services or acquisition of title to assets and the payment for them.
Terms of the sale (e.g., 2/10, n/30 or 1/10, E.O.M.) usually state period of extended credit, commonly 30 to 60 days.
CURRENT LIABILITIES
LO 1
13-‹#›
Notes Payable
Written promises to pay a certain sum of money on a specified future date.
Arise from purchases, financing, or other transactions.
Notes classified as short-term or long-term.
Notes may be interest-bearing or zero-interest-bearing.
CURRENT LIABILITIES
LO 1
13-‹#›
Illustration: Castle National Bank agrees to lend €100,000 on March 1, 2015, to Landscape Co. if Landscape signs a €100,000, 6 percent, four-month note. Landscape records the cash received on March 1 as follows:
Cash 100,000
Notes Payable 100,000
Interest-Bearing Note Issued
CURRENT LIABILITIES
LO 1
13-‹#›
If Landscape prepares financial statements semiannually, it makes the following adjusting entry to recognize interest expense and interest payable at June 30, 2015:
Interest Expense 2,000
Interest Payable 2,000
(€100,000 x 6% x 4/12) = €2,000
Interest calculation =
Interest-Bearing Note Issued
LO 1
13-‹#›
At maturity (July 1, 2016), Landscape records payment of the note and accrued intere ...
ch09-200529002111.pptx
Companies recognize accounts receivable when goods or services are sold on credit. Accounts receivable are valued at their expected cash realizable value by estimating and recording an allowance for doubtful accounts through a credit to Bad Debt Expense. When specific accounts are written off as uncollectible, the allowance account is debited with an offsetting credit to Accounts Receivable. The allowance method following this process provides a better matching of revenues and expenses than the direct write-off method.
Financial Accounting
This document provides an overview of transaction analysis and adjustments. It discusses evaluating historical cost, revenues, expenses, sales of inventory, and interest adjustments. For revenues, it explains that revenue equals the amount charged but may not equal cash received if on credit. Expenses occur when resources are used to generate revenue, even if not paid in cash. Sales contain both revenue from credit given and an expense for cost of goods sold. Interest expense is adjusted for even if not yet paid.
Accounting Principles, 12th Edition Ch09
Here are the key steps to solving this problem:
1. Calculate 10% of accounts receivable to estimate uncollectible accounts:
- 10% of $30,000 is 0.1 * $30,000 = $3,000
2. Add the existing balance in the allowance account:
- $2,000 existing balance
3. The total estimated uncollectible accounts is $3,000 + $2,000 = $5,000
Therefore, the adjusting entry is:
Bad Debt Expense 5,000
Allowance for Doubtful Accounts 5,000
EMS 13 OCT SLIDES.pptx
This document provides an introduction to general ledgers for a sole trader. It defines key terms like double entry principle and distinguishes between asset, owner's equity and liability accounts. It explains that the accounting equation is Assets = Owner's Equity + Liabilities. It provides an example transaction of a sole trader depositing capital and the corresponding journal entries to record it on the general ledger. It concludes with an interactive quiz for learners to test their understanding of general ledgers.
Chapter 8
The note was dated March 1, 2009 and was due May 30, 2009. This is 3 months or 3/12 of a year. The principal was $12,000 and the annual interest rate was 9%. To calculate the interest, use the formula:
Principal × Annual Interest Rate × Time Expressed in Years = Interest
So, $12,000 × 9% × 3/12 = $270
Therefore, the interest on the note is $270.
Similar to The Journal (20)
Journalising- easy way to learn journal entries for beginners in Accounting S...
Journalising- easy way to learn journal entries for beginners in Accounting S...
13-‹#›PREVIEW OF CHAPTERIntermediate AccountingIFR.docx
13-‹#›PREVIEW OF CHAPTERIntermediate AccountingIFR.docx
More from Mudassir Raza
Achieving Quality Production
This document discusses quality, quality control, quality assurance, and total quality management. It explains that quality means meeting customer expectations. Quality control checks quality after production through inspectors, while quality assurance checks quality throughout production by employees. Total quality management focuses on continuous quality improvement by building quality into every stage and making all employees responsible for quality. Maintaining quality helps businesses through increased sales, customer loyalty and reputation while lack of quality hurts businesses.
Business/ Commerce
Business and commerce involve the production of goods and services to generate a profit. Key questions that must be addressed include what and how much to produce, how to produce items, and who will consume the goods and services. Modern advances like advanced trade systems have made national and global commerce easier and more prosperous. Changing consumer demands and new technologies also create new opportunities. While business and commerce have different words, they have the same meaning and concept and can be used interchangeably to refer to the combined activities of manufacturing, marketing, exchange, distribution, and finance.
Principle of commerce
This document provides a condensed syllabus for the Intermediate of Commerce subject for the years 2020-2021. It covers key topics such as forms of business organization, marketing, and trade. The document also references sample model papers to help students prepare for exams.
Marketing, competition and the customer
Don't forget to subscribe our YouTube channel so that we can keep doing what we're doing!
www.youtube.com/c/mudassirraza
Business Finance: Needs and Sources
Business Finance means the funds and credit employed in the business. Finance is the foundation of a business. Finance requirements are to purchase assets, goods, raw materials and for the other flow of economic activities.
Types and Correction of Errors
An accounting error is an error in an accounting entry that was not intentional. When spotted, the error or mistake is often immediately fixed.
Market economic system
In a market system, changes in prices cause the shift in resources, from making products that are becoming less popular to making those that are becoming more popular
Marketing Strategy
A marketing strategy is a plan to combine the right combination of the 4 elements of the marketing mix for a product or service to achieve a particular marketing marketing objectives.
Capital expenditure & Revenue expenditure
Capital expenditures are typically one-time large purchases of fixed assets that will be used for revenue generation over a longer period. Revenue expenditures are the ongoing operating expenses, which are short-term expenses used to run the daily business operations.
Price Elasticity Of Supply - PES
Price elasticity of supply measures the responsiveness to the supply of a good or service after a change in its market price. According to basic economic theory, the supply of a good will increase when its price rises. Conversely, the supply of a good will decrease when its price decreases.
Technology and the marketing mix
Technology presents new opportunities for businesses to market their product and services.
The internet allows businesses to gather information about customer purchasing habits.
The internet has facilitated the widespread use of online purchasing.
The Marketing Mix - Promotion
Promotion is where marketing activities aim to raise customers awareness of a product or brand, generating sales and helping to create brand loyalty.
Price elasticity of demand
Price elasticity of demand measures how responsive consumer demand is to changes in price. It is calculated by taking the percentage change in quantity demanded divided by the percentage change in price. Demand can be elastic, inelastic, perfectly elastic, perfectly inelastic, or unit elastic depending on how much quantity demanded changes relative to price changes. Factors like availability of substitutes, necessity of the product, and proportion of income spent on it affect price elasticity. Understanding price elasticity helps firms set prices to maximize total revenue.
Business Document
The document discusses various accounting terms including cash discount, trade discount, cheque, receipt, petty cash book, and imprest system. It provides definitions and explanations of each term. For example, it states that a cash discount is an allowance given to a customer who settles their account within a certain time limit set by the supplier, while a trade discount is a reduction in the price of goods that often increases with larger quantities purchased. It also notes that a petty cash book records low-value cash payments and is restored under the imprest system so the petty cashier always starts each period with the same amount.
Price Changes
The document summarizes how changes in demand and supply affect market prices and quantities traded. It discusses how an increase in demand raises prices while a decrease in demand lowers prices. An increase in supply lowers prices while a decrease in supply raises prices. Examples are given of how falling demand or supply would shift the curves and lower the market quantity or raise the price. The document ends with sample questions about identifying causes of demand changes and using diagrams to analyze a subsidy.
The Marketing Mix- Place
This refers to the channels of distribution that are selected. That is, what method of getting the product to the market and to the customer is to be used? Will the manufacturer sell its product to shops that sell to the public, or to wholesalers, or direct to the customers?
The Marketing Mix -Price
Price: The Price at which the product is sold to the customer is a key part of the marketing mix. A comparison must be made with the prices of competitors product.
Returns Day Book
This document discusses books of original entry for returns, including returns inwards and outwards day books. It provides examples of entries in a returns inwards day book to record goods returned by customers and a returns outwards day book to record goods returned to suppliers. It also explains that a credit note is prepared by a seller for a sales return and sent to the buyer, while a debit note is prepared by a customer for a purchase return and sent to the seller. Finally, it notes there are practice questions to reinforce the content.
The Product Life Cycle
The product life cycle describes the stages a product will pass through from its introduction, through its growth until it is mature, and then finally its decline.
Books & Transactions
This document discusses books of original entry and ledgers used in accounting. It explains that books of original entry, such as cash books, sales journals, and purchase journals are used to initially record transactions with details. The transactions are then posted to ledgers, including the sales ledger for customer accounts, purchase ledger for supplier accounts, and general ledger for other accounts. It provides examples of common books of original entry and types of ledgers, and describes how the folio column is used to cross-reference between books when posting double-entry transactions.
More from Mudassir Raza (20)
Recently uploaded
一比一原版(UoB毕业证)伯明翰大学毕业证如何办理
UoB本科学位证成绩单【微信95270640】伯明翰大学没毕业>办理伯明翰大学毕业证成绩单【微信UoB】UoB毕业证成绩单UoB学历证书UoB文凭《UoB毕业套号文凭网认证伯明翰大学毕业证成绩单》《哪里买伯明翰大学毕业证文凭UoB成绩学校快递邮寄信封》《开版伯明翰大学文凭》UoB留信认证本科硕士学历认证
如果您是以下情况，我们都能竭诚为您解决实际问题：【公司采用定金+余款的付款流程，以最大化保障您的利益，让您放心无忧】
1、在校期间，因各种原因未能顺利毕业，拿不到官方毕业证+微信95270640
2、面对父母的压力，希望尽快拿到伯明翰大学伯明翰大学硕士毕业证成绩单；
3、不清楚流程以及材料该如何准备伯明翰大学伯明翰大学硕士毕业证成绩单；
4、回国时间很长，忘记办理；
5、回国马上就要找工作，办给用人单位看；
6、企事业单位必须要求办理的；
面向美国乔治城大学毕业留学生提供以下服务:
【★伯明翰大学伯明翰大学硕士毕业证成绩单毕业证、成绩单等全套材料，从防伪到印刷，从水印到钢印烫金，与学校100%相同】
【★真实使馆认证（留学人员回国证明），使馆存档可通过大使馆查询确认】
【★真实教育部认证，教育部存档，教育部留服网站可查】
【★真实留信认证，留信网入库存档，可查伯明翰大学伯明翰大学硕士毕业证成绩单】
我们从事工作十余年的有着丰富经验的业务顾问，熟悉海外各国大学的学制及教育体系，并且以挂科生解决毕业材料不全问题为基础，为客户量身定制1对1方案，未能毕业的回国留学生成功搭建回国顺利发展所需的桥梁。我们一直努力以高品质的教育为起点，以诚信、专业、高效、创新作为一切的行动宗旨，始终把“诚信为主、质量为本、客户第一”作为我们全部工作的出发点和归宿点。同时为海内外留学生提供大学毕业证购买、补办成绩单及各类分数修改等服务；归国认证方面，提供《留信网入库》申请、《国外学历学位认证》申请以及真实学籍办理等服务，帮助众多莘莘学子实现了一个又一个梦想。
专业服务，请勿犹豫联系我
如果您真实毕业回国，对于学历认证无从下手，请联系我，我们免费帮您递交
诚招代理：本公司诚聘当地代理人员，如果你有业余时间，或者你有同学朋友需要，有兴趣就请联系我
你赢我赢，共创双赢
你做代理，可以帮助伯明翰大学同学朋友
你做代理，可以拯救伯明翰大学失足青年
你做代理，可以挽救伯明翰大学一个个人才
你做代理，你将是别人人生伯明翰大学的转折点
你做代理，可以改变自己，改变他人，给他人和自己一个机会大块就啃啃得满嘴满脸猴屁股般的红艳大家一个劲地指着对方吃吃地笑瓜裂得古怪奇形怪状却丝毫不影响瓜味甜丝丝的满嘴生津遍地都是瓜横七竖八的活像掷满了一地的大石块摘走二三只爷爷是断然发现不了的即便发现爷爷也不恼反而教山娃辨认孰熟孰嫩孰甜孰淡名义上是护瓜往往在瓜棚里坐上一刻饱吃一顿后山娃就领着阿黑漫山遍野地跑阿黑是一条黑色的大猎狗挺机灵的是山娃多年的忠实伙伴平时山娃上学阿黑也摇头晃脑地跟去暑假用不着上学阿钩
OAT_RI_Ep20 WeighingTheRisks_May24_Trade Wars.pptx
How will new technology fields affect economic trade?
STREETONOMICS: Exploring the Uncharted Territories of Informal Markets throug...
Delve into the world of STREETONOMICS, where a team of 7 enthusiasts embarks on a journey to understand unorganized markets. By engaging with a coffee street vendor and crafting questionnaires, this project uncovers valuable insights into consumer behavior and market dynamics in informal settings."
在线办理(GU毕业证书)美国贡萨加大学毕业证学历证书一模一样
学校原件一模一样【微信：741003700 】《(GU毕业证书)美国贡萨加大学毕业证学历证书》【微信：741003700 】学位证，留信认证（真实可查，永久存档）原件一模一样纸张工艺/offer、雅思、外壳等材料/诚信可靠,可直接看成品样本，帮您解决无法毕业带来的各种难题！外壳，原版制作，诚信可靠，可直接看成品样本。行业标杆！精益求精，诚心合作，真诚制作！多年品质 ,按需精细制作，24小时接单,全套进口原装设备。十五年致力于帮助留学生解决难题，包您满意。
本公司拥有海外各大学样板无数，能完美还原。
1:1完美还原海外各大学毕业材料上的工艺：水印，阴影底纹，钢印LOGO烫金烫银，LOGO烫金烫银复合重叠。文字图案浮雕、激光镭射、紫外荧光、温感、复印防伪等防伪工艺。材料咨询办理、认证咨询办理请加学历顾问Q/微741003700
【主营项目】
一.毕业证【q微741003700】成绩单、使馆认证、教育部认证、雅思托福成绩单、学生卡等！
二.真实使馆公证(即留学回国人员证明,不成功不收费)
三.真实教育部学历学位认证（教育部存档！教育部留服网站永久可查）
四.办理各国各大学文凭(一对一专业服务,可全程监控跟踪进度)
如果您处于以下几种情况：
◇在校期间，因各种原因未能顺利毕业……拿不到官方毕业证【q/微741003700】
◇面对父母的压力，希望尽快拿到；
◇不清楚认证流程以及材料该如何准备；
◇回国时间很长，忘记办理；
◇回国马上就要找工作，办给用人单位看；
◇企事业单位必须要求办理的
◇需要报考公务员、购买免税车、落转户口
◇申请留学生创业基金
留信网认证的作用:
1:该专业认证可证明留学生真实身份
2:同时对留学生所学专业登记给予评定
3:国家专业人才认证中心颁发入库证书
4:这个认证书并且可以归档倒地方
5:凡事获得留信网入网的信息将会逐步更新到个人身份内，将在公安局网内查询个人身份证信息后，同步读取人才网入库信息
6:个人职称评审加20分
7:个人信誉贷款加10分
8:在国家人才网主办的国家网络招聘大会中纳入资料，供国家高端企业选择人才
SWAIAP Fraud Risk Mitigation Prof Oyedokun.pptx
SWAIAP Fraud Risk Mitigation Prof Oyedokun.pptxGodwin Emmanuel Oyedokun MBA MSc PhD FCA FCTI FCNA CFE FFAR
Lecture slide titled Fraud Risk Mitigation, Webinar Lecture Delivered at the Society for West African Internal Audit Practitioners (SWAIAP) on Wednesday, November 8, 2023.
Using Online job postings and survey data to understand labour market trends
Using Online job postings and survey data to understand labour market trendsLabour Market Information Council | Conseil de l’information sur le marché du travail
[4:55 p.m.] Bryan Oates
OJPs are becoming a critical resource for policy-makers and researchers who study the labour market. LMIC continues to work with Vicinity Jobs’ data on OJPs, which can be explored in our Canadian Job Trends Dashboard. Valuable insights have been gained through our analysis of OJP data, including LMIC research lead
Suzanne Spiteri’s recent report on improving the quality and accessibility of job postings to reduce employment barriers for neurodivergent people.
Decoding job postings: Improving accessibility for neurodivergent job seekers
Improving the quality and accessibility of job postings is one way to reduce employment barriers for neurodivergent people.5 Tips for Creating Standard Financial Reports
Well-crafted financial reports serve as vital tools for decision-making and transparency within an organization. By following the undermentioned tips, you can create standardized financial reports that effectively communicate your company's financial health and performance to stakeholders.
快速办理(SMU毕业证书)南卫理公会大学毕业证毕业完成信一模一样
学校原件一模一样【微信：741003700 】《(SMU毕业证书)南卫理公会大学毕业证》【微信：741003700 】学位证，留信认证（真实可查，永久存档）原件一模一样纸张工艺/offer、雅思、外壳等材料/诚信可靠,可直接看成品样本，帮您解决无法毕业带来的各种难题！外壳，原版制作，诚信可靠，可直接看成品样本。行业标杆！精益求精，诚心合作，真诚制作！多年品质 ,按需精细制作，24小时接单,全套进口原装设备。十五年致力于帮助留学生解决难题，包您满意。
本公司拥有海外各大学样板无数，能完美还原。
1:1完美还原海外各大学毕业材料上的工艺：水印，阴影底纹，钢印LOGO烫金烫银，LOGO烫金烫银复合重叠。文字图案浮雕、激光镭射、紫外荧光、温感、复印防伪等防伪工艺。材料咨询办理、认证咨询办理请加学历顾问Q/微741003700
【主营项目】
一.毕业证【q微741003700】成绩单、使馆认证、教育部认证、雅思托福成绩单、学生卡等！
二.真实使馆公证(即留学回国人员证明,不成功不收费)
三.真实教育部学历学位认证（教育部存档！教育部留服网站永久可查）
四.办理各国各大学文凭(一对一专业服务,可全程监控跟踪进度)
如果您处于以下几种情况：
◇在校期间，因各种原因未能顺利毕业……拿不到官方毕业证【q/微741003700】
◇面对父母的压力，希望尽快拿到；
◇不清楚认证流程以及材料该如何准备；
◇回国时间很长，忘记办理；
◇回国马上就要找工作，办给用人单位看；
◇企事业单位必须要求办理的
◇需要报考公务员、购买免税车、落转户口
◇申请留学生创业基金
留信网认证的作用:
1:该专业认证可证明留学生真实身份
2:同时对留学生所学专业登记给予评定
3:国家专业人才认证中心颁发入库证书
4:这个认证书并且可以归档倒地方
5:凡事获得留信网入网的信息将会逐步更新到个人身份内，将在公安局网内查询个人身份证信息后，同步读取人才网入库信息
6:个人职称评审加20分
7:个人信誉贷款加10分
8:在国家人才网主办的国家网络招聘大会中纳入资料，供国家高端企业选择人才
Does teamwork really matter? Looking beyond the job posting to understand lab...
Does teamwork really matter? Looking beyond the job posting to understand lab...Labour Market Information Council | Conseil de l’information sur le marché du travail
Vicinity Jobs’ data includes more than three million 2023 OJPs and thousands of skills. Most skills appear in less than 0.02% of job postings, so most postings rely on a small subset of commonly used terms, like teamwork.
Laura Adkins-Hackett, Economist, LMIC, and Sukriti Trehan, Data Scientist, LMIC, presented their research exploring trends in the skills listed in OJPs to develop a deeper understanding of in-demand skills. This research project uses pointwise mutual information and other methods to extract more information about common skills from the relationships between skills, occupations and regions.Who Is Abhay Bhutada, MD of Poonawalla Fincorp
Abhay Bhutada, the Managing Director of Poonawalla Fincorp Limited, is an accomplished leader with over 15 years of experience in commercial and retail lending. A Qualified Chartered Accountant, he has been pivotal in leveraging technology to enhance financial services. Starting his career at Bank of India, he later founded TAB Capital Limited and co-founded Poonawalla Finance Private Limited, emphasizing digital lending. Under his leadership, Poonawalla Fincorp achieved a 'AAA' credit rating, integrating acquisitions and emphasizing corporate governance. Actively involved in industry forums and CSR initiatives, Abhay has been recognized with awards like "Young Entrepreneur of India 2017" and "40 under 40 Most Influential Leader for 2020-21." Personally, he values mindfulness, enjoys gardening, yoga, and sees every day as an opportunity for growth and improvement.
Earn a passive income with prosocial investing
Invest in prosocial funds that earn you an income while improving the world
How Non-Banking Financial Companies Empower Startups With Venture Debt Financing
How Non-Banking Financial Companies Empower Startups With Venture Debt Financing
An Overview of the Prosocial dHEDGE Vault works
How the prosocial dHEDGE earns you money while saving the world!
一比一原版(UCL毕业证)伦敦大学|学院毕业证如何办理
UCL硕士学位证成绩单【微信95270640】《如何办理伦敦大学|学院毕业证认证》【办证Q微信95270640】《伦敦大学|学院文凭毕业证制作》《UCL学历学位证书哪里买》办理伦敦大学|学院学位证书扫描件、办理伦敦大学|学院雅思证书！
国际留学归国服务中心《如何办伦敦大学|学院毕业证认证》《UCL学位证书扫描件哪里买》实体公司，注册经营，行业标杆，精益求精！
专业为留学生办理伦敦大学|学院伦敦大学|学院毕业证offer【100%存档可查】留学全套申请材料办理。本公司承诺所有毕业证成绩单成品全部按照学校原版工艺对照一比一制作和学校一样的羊皮纸张保证您证书的质量！
如果你回国在学历认证方面有以下难题请联系我们我们将竭诚为你解决认证瓶颈
1所有材料真实但资料不全无法提供完全齐整的原件。【如：成绩单丶毕业证丶回国证明等材料中有遗失的。】
2获得真实的国外最终学历学位但国外本科学历就读经历存在问题或缺陷。【如：国外本科是教育部不承认的或者是联合办学项目教育部没有备案的或者外本科没有正常毕业的。】
3学分转移联合办学等情况复杂不知道怎么整理材料的。时间紧迫自己不清楚递交流程的。
如果你是以上情况之一请联系我们我们将在第一时间内给你免费咨询相关信息。我们将帮助你整理认证所需的各种材料.帮你解决国外学历认证难题。
国外伦敦大学|学院伦敦大学|学院毕业证offer办理方法：
1客户提供办理信息：姓名生日专业学位毕业时间等（如信息不确定可以咨询顾问：我们有专业老师帮你查询伦敦大学|学院伦敦大学|学院毕业证offer）；
2开始安排制作伦敦大学|学院毕业证成绩单电子图；
3伦敦大学|学院毕业证成绩单电子版做好以后发送给您确认；
4伦敦大学|学院毕业证成绩单电子版您确认信息无误之后安排制作成品；
5伦敦大学|学院成品做好拍照或者视频给您确认；
6快递给客户（国内顺丰国外DHLUPS等快读邮寄）。吃吃地笑山娃很精神越逛越起劲父亲却越逛越疲倦望着父亲呵欠连天的样子山娃也说困了累了回家吧小屋闷罐一般头顶上的三叶扇彻夜呜呜作响搅得满屋热气腾腾也搅得山娃心烦意乱父亲一上床就呼呼大睡山娃却辗转反侧睡不着山娃一次又一次摸索着爬起来一遍又一遍地用暖乎乎的冷水擦身往水泥地板上一勺一勺的洒水也不知过了多久山娃竟迷迷糊糊地睡着了迷迷糊糊地又闻到了闹钟刺耳的铃声和哐咣的关门声待山娃醒来时父亲早已上班去了床头总们
一比一原版(GWU,GW毕业证)加利福尼亚大学|尔湾分校毕业证如何办理
GWU,GW毕业证录取书【微信95270640】一比一伪造加利福尼亚大学|尔湾分校文凭@假冒GWU,GW毕业证成绩单+Q微信95270640办理GWU,GW学位证书@仿造GWU,GW毕业文凭证书@购买加利福尼亚大学|尔湾分校毕业证成绩单GWU,GW真实使馆认证/真实留信认证回国人员证明
全套服务：加利福尼亚大学|尔湾分校加利福尼亚大学|尔湾分校毕业证成绩单真实回国人员证明 #真实教育部认证。让您回国发展信心十足#铸就十年品质！信誉！实体公司！可以视频看办公环境样板如需办理真实可查可以先到公司面谈勿轻信小中介黑作坊！
可以提供加利福尼亚大学|尔湾分校钢印 #水印 #烫金 #激光防伪 #凹凸版 #最新版的毕业证 #百分之百让您绝对满意
印刷DHL快递毕业证 #成绩单7个工作日真实大使馆教育部认证1个月。为了达到高水准高效率
请您先以qq或微信的方式对我们的服务进行了解后如果有加利福尼亚大学|尔湾分校加利福尼亚大学|尔湾分校毕业证成绩单帮助再进行电话咨询。
国外毕业证学位证成绩单如何办理：
1客户提供办理信息：姓名生日专业学位毕业时间等（如信息不确定可以咨询顾问：我们有专业老师帮你查询）；
2开始安排制作加利福尼亚大学|尔湾分校毕业证成绩单电子图；
3毕业证成绩单电子版做好以后发送给您确认；
4毕业证成绩单电子版您确认信息无误之后安排制作成品；
5成品做好拍照或者视频给您确认；
6快递给客户（国内顺丰国外DHLUPS等快读邮寄）。口水苦涩无比山娃一边游泳一边念念不忘那元门票尤令山娃气愤的是泳池老板居然硬让父亲买了一大一小二条巴掌般大的裤衩衩走出泳池山娃感觉透身粘粘乎乎散发着药水味有点痒山娃顿时留恋起家乡的小河潺潺活水清凉无比日子就这样孤寂而快乐地过着寂寞之余山娃最神往最开心就是晚上无论多晚多累父亲总要携山娃出去兜风逛夜市流光溢彩人潮涌动的都市夜生活总让山娃目不暇接惊叹不已父亲老问山娃想买什么想吃什么山娃知道父亲赚钱很辛苦在
Recently uploaded (20)
OAT_RI_Ep20 WeighingTheRisks_May24_Trade Wars.pptx
OAT_RI_Ep20 WeighingTheRisks_May24_Trade Wars.pptx
STREETONOMICS: Exploring the Uncharted Territories of Informal Markets throug...
STREETONOMICS: Exploring the Uncharted Territories of Informal Markets throug...
Using Online job postings and survey data to understand labour market trends
Using Online job postings and survey data to understand labour market trends
Does teamwork really matter? Looking beyond the job posting to understand lab...
Does teamwork really matter? Looking beyond the job posting to understand lab...
How Non-Banking Financial Companies Empower Startups With Venture Debt Financing
How Non-Banking Financial Companies Empower Startups With Venture Debt Financing
Applying the Global Internal Audit Standards_AIS.pdf
Applying the Global Internal Audit Standards_AIS.pdf
Tumelo-deep-dive-into-pass-through-voting-Feb23 (1).pdf
Tumelo-deep-dive-into-pass-through-voting-Feb23 (1).pdf
The Journal
- 2. MAIN TOPICS POINTS TO TALK ABOUT Bad debts The Journal
- 3. Bad debt is an expense that a business incurs once the repayment of credit previously extended to a customer is estimated to be uncollectible S O U R C E : I N V E S T O P E D I A
- 4. A debt of £ 78 owing to us from H. Mander is written off as a bad debt on 31 August 2012. As the debt is now of no value we have to to stop showing it as an asset. This means that we will credit H. Mander to cancel it out his account. A bad debt is an expense, and so we will debit it to a bad debt account. EXAMPLE
- 6. J. Brew, after being in business for some years without keeping proper records now decides to keep a double entry set of books. On 1 july 2012 he establishes that his assers and liabilities are as follows: Assets: Van £3700; Fixtures £ 1800; Inventory £ 4200; Account Receivable- B. Young £ 95, D,Blake £45; Bank £ 860; Cash £65 . Liabilities: Account Payable -M. Quinn £129, C.Walters £410.
- 11. THANK YOU