ACC 291 Week 1
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Description
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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