Exploring Acct 3313 Chapter 7 Part 7 1

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  • Implementation of bank reconciliation problem.
  • ACCT 3313 Chapter 7 Introduction
  • Discussion of the mechanics behind the income statement method and balance sheet method to derive bad debt expense.
  • This video is a simulation of a
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In-Depth Information on Acct 3313 Chapter 7 Part 7 1

Discusses CECL and how it will impact receivable accounting. Works through the problem at the end of the notes. Description of classifications for cash versus cash equivalents. Discussion of the purpose and process of bank reconciliations. Discussion of concepts for the allowance method of accounting for bad debt.

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