Discussion
1. Customers who have large A/R balances ultimately end up as bad debt expenses to the firm. Identify and discuss at least three things you can do via QuickBooks to control A/R so that it does not become a bad debt expense for the firm. Justify your response.
2. It is important to record accounting transactions in a timely manner so that you can close out your books properly at the end of a quarter. Identify and discuss the factors that lead to a user failing to record transactions in a timely manner in accounting systems like QuickBooks. Justify your response.
3. Review the following two videos related to careers in accounting:
· CPA Profile: Kem Washington, CPA .
· CPA Profile: Rachel Buse, CPA, ABV, CFF .
After completing the last 10 weeks in this course, identify the top three things you have learned from this course that will make you a better accountant in using Excel and QuickBooks Online. Justify your response.