pac会计系专业课中级财务会计ch04.pdf

Cash and Receivables Chapter 4 Intermediate Accounting 14th Edition Kieso, Weygandt, and Warfield Prepared by Coby Harmon, University of California, Santa Barbara Learning Objectives 1. Identify items considered as cash. 2. Indicate how to report cash and related items. 3. Define receivables and identify the different types of receivables. 4. Ex in accounting issues related to recognition of accounts receivable. 5. Ex in accounting issues related to valuation of accounts receivable. 6. Ex in accounting issues related to recognition of notes receivable. 7. Ex in accounting issues related to valuation of notes receivable. 8. Ex in accounting issues related to disposition of accounts and notes receivable. 9. Describe how to report and yze receivables. Cash Cash is the resource on hand to meet nned expenditures and emergency situations. Cash ⚫ Cash ludes: Balances on deposit with financial institutions Coins and currency Petty cash Certain negotiable instruments ⚫ Cashier’s checks ⚫ Certified checks ⚫ Money orders Cash Equivalents Cash equivalents are short-term, highly liquid investments that are readily convertible into known amounts of cash and near their maturity (90 days) when purchased. •Treasury bills •Commercial paper •Money market funds Cash ⚫ Items that are not cash Postdated checks Travel advances to employees Postage stamps Receivables from employees Cash advances to employees or outside parties Cash ⚫ Ove