Week 1 Assignment
Amarjit S. Dhanowa
Instructor: Jerry Stasch
1). How would you describe the entries to record the disposition of accounts receivable?
What is their function?
2). How are bad debts accounted for under the direct write-off method? What are the
disadvantages of this method?
3). Pendergrass company hires an account intern who says that intangible assets should
always be amortized over their legal lives. Is the intern correct? Explain.