Problems: Chapter Seven

 

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Basic
 
Problem
Worksheet
Combined
  Objective
               
  B-7.01   pdf link
pdf link
Excel link
  Costs and benefits of selling on credit
               
  B-7.02  
pdf link
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Excel link
  Credit card transactions
               
  B-7.03  
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Excel link
  The direct write off method
               
  B-7.04  
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Excel link
  Allowance method: Percentage of receivables
               
  B-7.05  
pdf link
pdf link
Excel link
  Allowance method: Aging of accounts
               
  B-7.06  
pdf link
pdf link
Excel link
  Allowance method: Percentage of sales
               
  B-7.07  
pdf link
pdf link
Excel link
  Allowance method: Write-off of accounts
               
  B-7.08  
pdf link
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Excel link
  Monitoring receivables: Analysis and ratios
     
   
  B-7.09  
pdf link
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Excel link
  Notes receivable terminology
     
   
  B-7.10  
pdf link
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Excel link
  Notes receivable interest calculations
     
   
  B-7.11  
pdf link
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Excel link
  Accounting for notes receivable
               
               
               
Involved
 
Problem
Worksheet
Combined
  Objective
               
  I-7.01  
pdf link
pdf link
Excel link
  Direct write-off versus allowance methods
               
  I-7.02  
pdf link
pdf link
Excel link
  Allowances: Income statement and balance sheet approaches
               
  I-7.03  
pdf link
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Excel link
  Journal entries and analysis of receivables and allowances
               
  I-7.04  
pdf link
pdf link
Excel with light bulb icon
  Aging of accounts receivables
               
  I-7.05  
pdf link
pdf link
Excel link
  Team-based analysis of receivables
     
   
  I-7.06  
pdf link
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Excel link
  Receivables - Reading and Interpreting a FASB Standard
     
   
  I-7.07  
pdf link
pdf link
Excel link
  Comprehensive notes receivable

 

The preceding table includes links to "Basic" and "Involved" problems. Each Excel icon link will download the file containing a spreadsheet for the problem and a template worksheet on which you can prepare the solution electronically. If you see a light bulb icon on a worksheet, just mouse over above the icon and a comment box will appear. The comments include useful suggestions for improving your spreadsheet skills.

Solutions to these problems may be obtained from your instructor, however you may not post or redistribute, electronically or otherwise, any such solution material. Solution material may be provided to you for your sole use only, at the discretion of your individual instructor. Violation of this policy constitutes a copyright violation. Alternative problems, with solutions, may be found under the "Exercises" tab within each chapter. Video solutions to selected problems are available to students enrolling in the online course.