Principles of Financial Accounting · 免费预览
应收票据与应收账款的区别
应收票据是载有利息并具有规定条款的正式信用工具，需要计提利息；而应收账款是非正式的短期商业往来余额，结清时不计利息。
1. Informal balances versus written promises
Informal balances versus written promises
2. Issuing a note
Issuing a note
3. Accruing interest across periods
Accruing interest across periods
4. Dishonored notes
Dishonored notes
5. The formal difference
What most clearly separates a note receivable from an account receivable?
6. Interest computation
A 7,500 dollar note carries 10 percent annual interest for 90 days, using a 360-day year. Compute the interest.
7. Accrual timing
Why is interest accrued at December 31 on a note that matures in February?
8. Dishonored note treatment
A customer's 7,500 dollar note with 187.50 dollars of matured interest is dishonored. What entry does the holder record?
9. Maturity value
A 7,500 dollar note earns 187.50 dollars of interest over its life. Compute the maturity value in dollars, number only.
10. Old-year interest accrual
For the 7,500 dollar 10 percent 90-day note, compute interest accrued for the first 30 days in dollars, number only.