ACCOUNTING II

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Chapter 10

Accounting for Notes Receivable, Unearned Revenue, and Accrued Revenue

ESSENTIAL QUESTIONS

How are journal entries recorded for notes receivable?
How are adjusting and reversing entries made for unearned revenue initially recorded as revenue?
How are adjusting and reversing entries made for accrued revenue?
 

TERMS FOR CHAPTER 10

-notes receivable
-dishonored note
-unearned revenue
-accrued revenue

ASSIGNMENTS

Define Terms for the Chapter

Notes Receivable
Read pp. 278-282

1) View PowerPoint presentation intro and 10-1
2) Complete Application Problem 10-1 p. 290
3) Work on Study Guide 10
Time 2 days

Unearned and Accrued Revenue
Read pp. 283-287

1) View PowerPoint presentation 10-2
2) Complete Application Problem 10-2 and 10-3 p. 290
3) Complete Study Guide 10
Time 2 days

Complete Mastery Problem 10-4 p. 291
Time 3 days

Additional Chapter exercises
Chapter Ten Internet Activity
Accounting in Your Career p. 277
Applied Communication p. 292
Cases for Critical Thinking p. 292 Complete Case 1 and Case 2.
Time 3 days

All Chapter 10 assignments must be handed in by May 29th. No Exceptions.


Challenge Problem 10-5 p. 291 may be completed for extra credit