Assignments: Week of October 7
10/7 REVIEW CHAPTER 4; INTRODUCTION TO TIME VALUE OF MONEY
A penny saved is a penny earned (plus interest)
Do E 4-16 (construction accounting)
Revenue recognition case due.
Journal entries 9/30, 10/1, 10/3 due
Optional: If you would like more practice on percentage of completion, try the Bildmore Construction problem (on p. 59 of the course packet). Turn it in and I will check it.
10/8 ANNUITIES
Do P 4-1 (Long-term construction; prepare the appropriate jounral entries for 2001 and 2002)
Chapter 4: Multiple Choice review
Appendix A
Do P A-2, P A-3
10/10 COST ALLOCATIONS
Something you've seen before--Depreciation
Read Chapter 5: 186-195
Do Appendix A; Multiple Choice review
Do E A-4, P A-5, P A-12SAP SmartForce self-tests due
More about MACRS