ACC 291 Week 2 Reflection
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Discuss the objectives for Week One. How do they relate to the practice of accounting and its uses in business?
- Prepare journal entries to account for transactions related to accounts receivable and bad debt using both percentage of sales and the percentage of receivables methods.
- Distinguish between tangible and intangible assets.
- Identify the entries associated with the acquisition, disposal, and sales of plant assets.
- Distinguish between revenue and capital expenditures, and the entries associated with each.
Write a 350- to 500-word summary of your Learning Team’s discussion.
- 9 years ago
ACC 291 Week 2 Reflection
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