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Principles of Accounting I

Must follow grading Rubric!!

Module 6 Assessment.html

Submit your complete assignment by clicking the blue submit button at the bottom of the page. We recommend that you submit your work on Sunday of the week that you start the module.

HOMEWORK

Assignment Instructions

Bad debts for accounts receivables are something that every organization needs to prepare for and also understand how to estimate and record the uncollectible accounts receivables for a certain period. Generally Accept Accounting Principles (GAAP) allows businesses two option to write off bad debts: 1.) Direct Write-Off Method or 2.) Allowance Method.

Based on the information that you have learned in the module, you have been asked to create a PowerPoint presentation that provides the procedures for using both of the methods. In addition, you should provide your reasoning for which method that you believe the organization should use. Providing specific examples of how the methods are completed is also required. Please review the rubric for specific information on how the PPT presentation will be graded. Your presentation should be a minimum of slides that does not include the cover slide or the references slide.

Length/Formatting Instructions

Font 12 point, Times New Roman or Calibri Font
Program/File Type Submit in Word
Attachments Should be pasted into the Word document if possible.
Referencing system

APA referencing system is necessary in assignments, especially material copied from the Internet.

For examples of correct citations, visit the following links:

File Name Lastname_firstname_[Course Code]_M[Module #] Assignment

 

M6 Assignment Grading Rubric

Your work will be evaluated on the following criteria:

CATEGORY Exemplary Satisfactory Unsatisfactory Unacceptable
Overview of the Methods (20 points) 20 points

The presentation contains a comprehensive overview of the two bad debt reporting methods.

16 points

The presentation has an adequate overview of the two bad debt reporting methods but is not comprehensive.

8 points

The presentation does not include a comprehensive overview of the two bad debt reporting methods.

0 points

The presentation does not meet the requirements.

Comparison/Contrast of Bad Debt Reporting Methods (20 points) 20 points

The presentation contains a comprehensive comparison between bad debt methods.

16 points

The presentation has an adequate comparison but is not comprehensive.

8 points

The presentation does not include a comprehensive comparison.

0 points

The presentation does not meet the requirements.

Specific Steps of the Bad Debt Reporting Methods (20 points) 20 points

The presentation contains a comprehensive overview of how each method is recorded in the accounting ledgers.

16 points

The presentation has an adequate overview of how each method is recorded in the accounting ledgers, but is not comprehensive.

8 points

The presentation does not include a comprehensive overview of how each method is recorded in the accounting ledgers.

0 points

The presentation does not meet the requirements.

Summary/Recommendations (20 points) 20 points

The presentation contains comprehensive recommendations of which bad debt reporting method should be used by the organization.

16 points

The presentation has an adequate summary on which bad debt reporting method should be used by the organization, but is not comprehensive.

8 points

The presentation does not include a comprehensive summary on which bad debt reporting method should be used by the organization.

0 points

The presentation does not meet the requirements.

Writing Style—Organization, Transitions, Tone (10 points) 10 points

The assignment is written with excellent organization, thoughtful transitions, and the appropriate tone.

8 points

This writing assignment is adequately organized, but has some errors in the transitions or the tone.

4 points

This writing assignment is poorly organized, or it contains ineffective transitions and/or inappropriate tone.

0 points

This writing assignment displays little to no organization or transitions, and/or does not use the appropriate tone.

APA Format—Citations and References (10 points) 10 points

All sources used for quotes and facts are credible and cited, and the references and in-text citations are all properly formatted. Each reference has an in-text citation and in-text citation has a reference.

8 points

All sources used for quotes and facts are credible and cited, but slight errors are present in the format of the in-text citations or references. Or there may be one in-text citation or reference missing.

4 points

Some sources used for quotes and facts are either not credible or there are significant errors in the in-text citations and/or references. Or there are multiple missing in-text citations or references.

0 points

The sources used for quotes and facts are not credible and/or not cited. The in-text citations and/or references are not present.

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