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Short answer

Chapter 7
Receiveable EX 7.5
Net Realizable value PROB 7.2
Bad debt expense
Allowance for doubtful accounts
Direct Writeoff vs Allowance method
Arging receivable
Recovery of bad debt

CHAPTER 8 INVENTORY VALUATION

FIFO VS AVERAGE COST which method results in HIGHER Net income w


COGS
ENDING INVENTORY EX 8.5 (ending n
PERIODIC VS PERPECTUAL

chaper 10 DISPOSAL/EXCHANGE OF ASSETS 10.17


Commercial Substance 10.19
Gain/Loss on Exchange of Assets

chapter 11 depreciation expense (5 methods) 11.4


Straight line
unit of output pro
working activity
Sum of the year
Double declining
revision of depreciation (update or adjust)
7.6 7.7 7.9

esults in HIGHER Net income when the price increase OR decrease

8.7 8.8

10.18
10.2

11.5 11.6 11.11

11.2

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