ch5_summary - Click to edit Master subtitle style ACG 2021...

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Unformatted text preview: Click to edit Master subtitle style 9/16/11 ACG 2021 Chapter 5 Summary 9/16/11 Short-Term (Trading) Investments  3 Transactions › Initial purchase › Period End Adjustment › Sale of Investment 9/16/11 Reporting ST Investments  Year of Purchase › Balance Sheet  Market Value of Investment › Income Statement  Unrealized Gain or Loss  Dividend Revenue (if received)  Year of Sale 9/16/11 Note Receivable  3 Transactions › Issuance of Note › Accrual of Interest › Collection of Note 9/16/11 Reporting Note Receivable  Year of Issuance › Balance Sheet  Note Receivable owed to Company  Interest Receivable › Income Statement  Interest Revenue for Accrued Interest  Year of Collection 9/16/11 Accounts Receivable  Represents Amount owed from Customers  Allowance for Doubtful Accounts › Contra- Asset Account › Represents Amount we Expect NOT to collect from Customers  Net Accounts Receivable or Net Realizable Value 9/16/11...
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This note was uploaded on 09/16/2011 for the course ACG 2021 taught by Professor Hornik during the Spring '08 term at University of Central Florida.

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ch5_summary - Click to edit Master subtitle style ACG 2021...

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