Learn accounting for common stock issuance. Examples of common stock issued for cash and for non-cash consideration with journal entries are provided.

Learn about accounting for advances to employees and officers with real-life examples and journal entries.

Learn about accounting for obsolete inventory with examples of obsolescence reserve journal entries.

Learn about accounting for short-term investments: trading securities and available-for-sale securities.

Learn about the impact of capitalizing vs expensing costs in the current and future periods.

Learn how to analyze accounts receivable and allowance for doubtful accounts like financial analysts do. Includes formulas and examples of financial analysis of accounts receivable.

Learn about three methods to recognize expenses: association of cause and effect, systematic and rational allocation, and immediate recognition.

Learn accounting for delinquency fees and prepayments fees.

Learn about accounting for repair and maintenance costs for fixed assets.

Learn about percentage-of-sales approach and percentage-of-receivables approach in calculating allowance for doubtful accounts and bad debt expense.