Accountin
Why do companies need to value their accounts receivable at the end of each accounting period?
Discuss the differences between the inventory accounting methods (LIFO, FIFO, Weighted Average, Specific Identification). Do these inventory methods reflect the actual flow of inventory?
What are some of the current liabilities you learned about in this week’s readings.
What topic(s) gave you trouble this week (if any)?/What topic(s) do you feel you were able to grasp? Post questions in the homework discussion thread!