TOPICS FOR MANAGEMENT 120A EXAM 2 Chapters 7–12 • Receivables o Gross and Net Method o Bad debt expense o Aging Method o Percentage of sales Method • Period and Perpetual Inventory • LIFO, FIFO, Average Cost • Dollar Value LIFO • Lower of cost or market rule (LCM) • Gross Profit Method • Retail Method • Acquisition of Assets • Capitalized Interest • Depreciation Methods o Straight-Line o Sum of Years Digits o Declining Balance
This is the end of the preview.
access the rest of the document.
Management, Depreciation, Sales,
Generally Accepted Accounting Principles, assets Intangible assets, Disposal of Assets Exchange of Assets Intangible Assets Goodwill Impairment Investments o Trading Securities