Lecture 6 Selling a Product or a Service课件.ppt

Chapter 6;Three Major Activities of a Business;Three Major Activities of a Business;Revenue Recognition;Application of Revenue Recognition Criteria;Credit Sale and Collection;Sales Discounts;Sales Returns and Allowances;Computing Net Sales;Controls of Cash;Paying on Credit;Direct Write-Off Method;The Allowance Method;Reinstating Accounts Receivable;The Estimation Process;Managing Receivables;Measuring the Management of Receivables;Measuring the Management of Receivables;Warranty Costs;Bank Reconciliations;Reconciling the Bank Account;Foreign Currency Transactions;Foreign Currency Example;Foreign Currency Example;Foreign Currency Example