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COLLEGE OF BUSINESS ADMINISTRATION AND ACCOUNTANCY

DEPARTMENT OF ACCOUNTANCY

ACT112 – Intermediate Accounting 1


nd
2 Semester-Academic Year 2019-2020

SUMMATIVE QUIZZES SCHEDULE

February 21, 2020

Dear All:

Do prepare for the summative quiz scheduled as follows:

TOPICS DATE
 Cash and Cash Equivalents Block 1 – 03-02-2020
 Bank Reconciliation Block 2 – 03-02-2020
 Proof of Cash
 Accounts receivable
 Estimation of Doubtful Accounts Notes receivable
 Loan receivable
 Receivable Financing (Pledge, Assignment and Factoring) Block 1 and Block 2
 Receivable Financing (Discounting of Note Receivable) 03-05-2020
 Inventories
 Inventory Cost Flow
 Lower of Cost and Net Realizable Value
 Gross Profit Method
 Retail Inventory Method
 Financial Asset at Fair Value Block 1 – 03-06-2020
 Investment in Equity Securities (Dividends, Share Split and Share Rights) Block 2 – 03-05-2020
 Investment in Associate (Basic Principles)
 Investment in Associate (Other Accounting Issues)
 Financial Asset at Amortized Cost
 Effective interest method (Amortized Cost, FVOCI & FVPL)
 Reclassification of Financial Asset

See you then.

Subject Instructor

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