How To Write A Process Analysis Essay

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How To Write A Process Analysis EssayHow To Write A Process Analysis Essay
 Chapter 7 Acc557
CHAPTER 7
Cash and Receivables
ASSIGNMENT CLASSIFICATION TABLE (BY TOPIC)
Topics 1. 2. Accounting for cash. Accounting for accounts receivable, bad debts, other
allowances. Accounting for notes receivable. Assignment and factoring of accounts
receivable. Analysis of receivables. Petty cash and bank reconciliations. Questions 1, 2,
3, 4, 21 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15 14, 15 16, 17, 18, 19 20 22 Brief Exercises 1
2, 3, 4, 5 Concepts Exercises 1, 2 3, 4, 5, 6, 7, 8, 9, 10, 11, 12 18, 19 12, 13, 14, 15, 16,
17, 21 20, 21 22, 23, 24, 25 Problems 1 2, 3, 4, 5, 6 8, 9, 10 7, 11, 12, 13 1 12, 13, 14 1,
2, 3, 4, 5, 10, 11 6, 7, 8, 9 6, 8 for Analysis

3. 4.

6, 7 8, 9, 10, 11, 12 13 14, 15, 16

5. *6.

*This material is ... Show more content on Helpwriting.net ...

Bad debt reporting issues. Basic note and accounts receivable transactions. Bad debt
reporting issues. Sale of notes receivable. Zero interest bearing note receivable.
Reporting of notes receivable, interest, and sale of receivables. Accounting for zero
interest bearing note. Receivables management. Bad debt reporting, ethics. Simple
Simple Moderate Moderate Moderate Moderate Moderate Moderate Moderate Moderate
Moderate 10 15 15 20 25 30 25 30 25 30 20 25 20 30 25 30 25 30 25 30 25 30

74

ANSWERS TO QUESTIONS
1. Cash normally consists of coins and currency on hand, bank deposits, and various
kinds of orders for cash such as bank checks, money orders, travelers checks, demand
bills of exchange, bank drafts, and cashiers checks. Balances on deposit in banks which
are subject to immediate withdrawal are properly included in cash. Money market
funds that provide checking account privileges may be classified as cash. There is some
question as to whether deposits not subject to immediate withdrawal are properly
included in cash or whether they should be set out separately. Savings accounts, time
certificates of deposit, and time deposits fall in this latter category. Unless restrictions on
these kinds of deposits are such that they cannot be converted (withdrawn) within one
year or the operating cycle of the entity, whichever is longer, they are properly classified
as current assets. At the same time, they may well be presented separately
 Man s Mass Animal Farming Habits Are Responsible For 18
%...
Man s mass animal farming habits are also responsible for 18% of all global greenhouse
gas emissions (Anderson and Kuhn). The primary contributor to these emissions is
methane one of the most harmful toxic human caused gases that absorbs infrared
radiation and becomes trapped in the Earth s atmosphere causing a rise in temperature
(EPA). The Environmental Protection Agency states that, Domestic livestock. . . produce
large amounts of methaneas part of their normal digestive process. Also, when animals
manure is stored or managed in lagoons or holding tanks, methane is produced . . .
Globally, the agriculture sector is the primary source of methane emissions (EPA). On
a smaller scale, animal waste actually produces a very small amount of methane on its
own. However, the one billion animals that are raised in confinement on diets of
abnormally high protein from corn and soybeans produce mass amounts of toxic waste
every year that poison the Earth s atmosphere. Andersen and Kuhn s recent study shows
that, Every minute, 7 million pounds of excrement are produced by animals raised for
food in the U.S. This is 130 times the amount of waste that is created by humans
annually. (Andersen and Kuhn). CAFOs in the U.S. alone produce about 500 million
tons of waste every year (Koneswaran and Nierenberg 579). Results from a Steinfeld
study in 2006 state that: Globally, emissions from pig manure alone account for almost
half of all greenhouse gasemissions from farm animal