Transcript Ch 9.pptx
Prepared by Coby Harmon University of California, Santa Barbara Westmont College 9 Accounting for Receivables Learning Objectives After studying this chapter, you should be able to: Identify the different types of receivables. [1] Explain how companies recognize accounts receivable. [2] Distinguish between the methods and bases companies use to value accounts receivable. Describe the entries to record the disposition of accounts receivable. [4] Compute the maturity date of and interest on notes receivable. [5] Explain how companies recognize notes receivable. [6] Describe how companies value notes receivable. [7] Describe the entries to record the disposition of notes receivable. [8] Explain the statement presentation and analysis of receivables. [9] [3] Preview of Chapter 9 Accounting Principles Eleventh Edition Weygandt Kimmel Kieso