1. Bad Debts (Unit 2 -Activity 3)

• Why do some debts need to be written off, in what situations?
• The 3 methods of writing off debts
• how the aging schedule works-where does the information come from
• How to handle a situation where there is a balance in the allowance for doubtful accounts already (explain both debit and credit)
• Give reasons why companies would choose one method over the others

Format:

You decide how you want to teach meeither concept A or B, but itmust include the following:

-it must haveyour voice explaining the concept (it can be a video where I see your face and hear your voice or it can be a screencast, like I do when I am explaining lessons, where you don't actually see me)

-it must have a visual componentwhile you are explaining -- the visual component could be a slide show, a screencast, a poster that you explain, a TedTalk format, where pictures flash in the background of the speaker etc -- be creative

-you must useexamples of the transactions you are explaining, but they CANNOT be the same examples from Brightspace

-strict maximum of 5 minutes in length. Prepare what you are going to say and explain concisely. Make sure you don't speak too quickly-pretend that I don't know anything about these topics so you have to explain it well.

I will obviously do the recording and video part, but I need help with the explaining. I've started the project but I'm getting stuck on how I can summarize it enough to make the entire thing only 5 minutes long. I also cant decide on visuals.Please help, It's due tomorrow and is worth 5% of my grade..

https://docs.google.com/document/d/1H9COaBpSb_PKSqqDfpf4LHfQR_J5a0U3DhOO0GsLk4s/edit?usp=sharing

( please scroll down in the doc)