acct209 at Texas A&M

10. Contingencies

in Chapter 8 (Video 10 of 10)
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A contingent liability is based on something else. You may or may not have to pay this sort of liability.

The Rest Of The Videos

1 A/R and Bad Debts Introduction 7:09
2 Direct Method 4:15
3 The Allowance Method 8:56
4 Income Statement vs Balance Sheet Methods 13:14
5 Net Credit Sales 5:20
6 Write Offs and Reinstatements 8:26
7 Notes Receivable 11:27
8 Interest Bearing Notes 8:26
9 Non-interest Bearing Notes 6:16
10 Contingencies
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Chapter 9 →

Chapter 8 Practice Problems

Click Here to View All Chapter 8 Problems at Once View
1 Liability Classification Easy
2 The Effect of Bad Debt Expense Easy
3 Calculating Bad Debts Moderate
4 Contingent Liabilities Moderate
5 Contingent Liabilities - Warranties Moderate
6 The Effect of Uncollectible Accounts Moderate
7 Using the Balance Sheet Method Hard
← Chapters 5 & 6

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