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Chapter 7 -- Comprehensive Problem Set
Accounts Receivable
Back to Chapter 7

The following table includes links to "Basic" and "Involved" problems based on Chapter 7.  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.  In the alternative, the pdf (   ) icons will download the "problem" and a preprinted "worksheet" that you can easily print.  The pdfs facilitate preparation of handwritten solutions.

Electronic spreadsheets are very useful accounting tools.  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.  Because different instructors have different philosophies and policies regarding access to solutions, I am not able to provide access to solutions for individual students; you must work through your instructor.  Your instructor may contact me by email and I will gladly grant the necessary authorization and access.  Thank you.

 

 

LINKS

OBJECTIVE

    EXCEL PROBLEM WORKSHEET  

Basic

B-07.01

Costs and benefits of selling on credit
 

B-07.02

Credit card transactions
 

B-07.03

The direct write off method
 

B-07.04

Allowance method:  Percentage of receivables
 

B-07.05

Allowance method:  Aging of accounts
 

B-07.06

Allowance method:  Percentage of sales
 

B-07.07

Allowance method:  Write-off of accounts
 

B-07.08

Monitoring receivables: Analysis and ratios
 

B-07.09

Notes receivable terminology
 

B-07.10

Notes receivable interest calculations
 

B-07.11

Accounting for notes receivable
           

Involved

I-07.01

Direct write-off versus allowance methods

 

I-07.02

Allowances:  Income statement and balance sheet approaches

 

I-07.03

Journal entries and analysis of receivables and allowances

 

I-07.04

Aging of  accounts receivables
 

I-07.05

Team-based analysis of receivables

 

I-07.06

Receivables - Reading and Interpreting a FASB Standard
 

I-07.07

Comprehensive notes receivable