Assignments: Week of September 30
9/30 REVENUE RECOGNITION
When is a sale, as sale?
Read Chapter 4: pp. 139-150
Study journal entries 9/24, 9/26 due
9/30 ACCOUNTING FOR LONG-TERM CONSTRUCTION CONTRACTS
Another class you don't want to miss!
Read Chapter 4: 132-139
10/1 ACCOUNTING FOR LONG-TERM CONSTRUCTION CONTRACTS
Read Chapter 4: 150-160
Read Handout case: Revenue Recognition. You will have time to discuss with your group.Check out SEC Staff Accounting Bulletin: No. 101: Revenue Recognition in Financial Statements
Here's an article on revenue recognition