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Principles of Accounting

1 min read
Posted on 
August 8th, 2022
Home Uncategorized Principles of Accounting

Regulation:

  • Use writing standards and APA style guidelines.
  • Support your submission with course material concepts, principles, and theories along with at least two scholarly, peer-reviewed journal articles.
  • Avoid plagiarism

Question:

Q1.How are the direct write-off method and the allowance method applied in accounting for uncollectible accounts receivables? Explain with examples

Q2. Explain what is meant by depreciation

Describe the methods of depreciation and give a numerical example for each method.

Q3. Why does the management of any companies analyze financial statements? Explain by using the different tools in analyzing financial statement with proper numerical example?

Q4. a) Explain the methods that can estimate bad debt expenses in business. (Give numerical examples) b.) Differentiate between Accounts receivable and Notes receivable.

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