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Documents Selling Goods and Services May 2010©Kimberly Lyons 1.

Slide 1Selling Goods and Services May 2010©Kimberly Lyons 1 Slide 2 Revenue should be recognized (recorded) when earned, and realized or realizable (collectible) Revenue…

Economy & Finance Chapter 8

1. Chapter 8Reporting andInterpreting Receivables, Bad Debt Expense, andInterest Revenue 2. Learning Objectives1. Describe the trade-offs of extending credit.2. Estimate…

Documents DateParticularsDebit(RM)Credit(RM) Account Receivable account Sales revenue account XX General...

Slide 1 Slide 2 Slide 3 Slide 4 Slide 5 Slide 6 Slide 7 Slide 8 Slide 9 Slide 10 Slide 11 Slide 12 Slide 13 DateParticularsDebit(RM)Credit(RM) Account Receivable account…