Unformatted text preview: Learning Objectives After studying this chapter, you should be able to 1. Recognize revenue items at the proper time on the
income statement 2. Account for cash and credit sales 3. Compute and interpret sales returns and allowances, sales discounts, and bank credit card
sales 4. Manage cash and explain its importance to the
company 5. Estimate and interpret uncollectible accounts
receivable balances ...
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- Fall '07
- Financial Accounting