ACCOUNTING-Cash and cash equivalents; restricted cash

QUESTION

I need these explained and shown in detail to use as a study guideCash and cash equivalents; restricted cashBank overdraftsCash discounts (sales discounts) vs. trade discountsGross vs. Net method to record salesBad debt expense: Balance sheet approach (% of rec.) vs. Inc. stmt. approach (% of sales)Bad debt journal entriesZero interest bearing notes vs. interest bearing notesFactoring receivables: with and without recourseAssigning receivablesFOB shipping pt. vs. FOB destination (when does legal title of goods transfer)Accounting for petty cashPeriodic vs. PerpetualGross vs. Net methods for recording purchasesLIFO, FIFO, Weighted AverageLower of Cost or Market (problem format)Net realizable valueRelative Sales Method – Proportional Allocation (lump sum purchase)Purchase Commitments (journal entry – how to record a loss)Gross profit method (when can it be used and when can it NOT be used)What costs are included in land? Land Improvements? Building?Weighted-average Accumulated expenditures and avoidable interest – capitalization of interestDepreciation – systematic and rational allocation of cost; typically depreciation is calc. to the nearest dollar for a full monthDepreciable Cost/BaseActivity methods (variable in nature i.e. units produced or miles drivenStraight-line methodDecreasing Charge (Accelerated): Sum-of-the-Years’-Digits & Double DecliningPartial period depreciationFractional-year depreciation policies – typically depreciation is calculated to the nearest full month and dollarOther Property Issues: Revision of estimates, Impairment, and DepletionPurchased vs. Internally created intangiblesAmortization – intangible are typically amortized using the straight-line methodGoodwill- not amortized; only booked when purchased

ANSWER:

REQUEST HELP FROM A TUTOR