School: Virginia Polytechnic Institute and State University
Course: Intro to Accounting
Term: Spring 2015
Tags: ACIS2115, Intro to Accounting, Chapter 8, accounts, receivable, bad, debt, Expense, allowance, and Interest
Name: ACIS 2115 Chapter 8 Notes 03.24
Description: These notes cover notes and accounts receivable, and how to write them off via 1) direct write off or 2) the allowance method. They also go over the five steps of managing accounts receivable and give formulas for accounts receivable turnover, average collection period, and interest.