ACC 291 Week 1

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ACC 291 Week 1

Week 1

Individual Exercises Week One

Resources: Ch. 9 of Financial Accounting

Complete Exercise E9-2.

Submit utilizing the Microsoft Excel template provided in the Course Materials forum (not using the templates in the class will result in a 20% penalty).

Discussion Questions

How are bad debts accounted for under the direct write-off method? What are the disadvantages of this method?

How would you describe the entries to record the disposition of accounts receivables? What is their function?

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