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Financial reporting problem ii purpose of assignment the purpose of this assignment is to expose you to the basic process involved in the analysis of the cash flow statement. Start studying acc/291 learn vocabulary, terms, and more with flashcards, games, and other study tools. Week1 may, 06 - may, 12 principle assets tasks principle assets 11 prepare journal entries to account for transactions related to accounts receivable and bad debt using both percentage of sales and the percentage of receivables methods 12 compare tangible and intangible assets 13 identify the journal entries associated with acquisition, disposal, and sales of plant assets 14 distinguish.
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