Question
Chapter9: Receivables Initial Post Part 1 (Use the annual report of your selected company) My selected company is Facebook What are the three classifications of
Chapter9: Receivables
Initial Post
Part 1 (Use the annual report of your selected company) My selected company is Facebook
What are the three classifications of receivables?Which does your company have? Look in the notes to the financial statement to find out which method they use for writing off receivables.
Part 2
Dan's Hardware is a small hardware store in the rural township of Twin Bridges. It rarely extends credit to its customers in the form of an account receivable. The few customers who are allowed to carry accounts receivable are long-time residents of Twin Bridges with a history of doing business at Dan's Hardware. What method of accounting for uncollectible receivables should Dan's Hardware use? Why?
Responses to Instructor
Please check your thread for questions or comments from me and be sure to provide a comprehensive response, as requested.
Responses to Classmates
Please let your classmates know how
Writing and References
Please make sure that your initial post contains a properly cited references.You should cite your text as a minimum. Also, please include the link to your company's annual report. Additionally,check your spelling and proofread your post before you hit the submit button.
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