ac210 at University of Alabama

4. Debit and Credit Memos

in Chapter 6 (Video 4 of 12)
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On a bank reconciliation, you may see a "debit memo" or a "credit memo". These are usually straightforward, but we'll look at how to remember them if they aren't.

The Rest Of The Videos

1 Cash and Cash Equivalents 7:52
2 Bank Reconciliations: What and Why 9:38
3 Bank Reconciliations: How 20:57
4 Debit and Credit Memos
You are here. 		5:21
5 Fixing Mistakes in Bank Recs 8:32
6 COGS and Inventory 2:57
7 Net Sales 10:03
8 Perpetual vs Periodic 7:10
9 FOB Shipping? 8:51
10 Transportation In 8:41
11 COGS 6:18
12 Drawbacks to Periodic 6:07
Chapter 8 →

Chapter 6 Practice Problems

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1 Consignment Inventory Easy
2 FOB Destination Easy
3 Inventory Set Aside Easy
4 Categorizing Cash & Cash Equivalents Moderate
5 FOB Shipping Moderate
6 FOB Shipping Moderate
7 Bank Reconciliation Hard
8 The Effect of Inventory Errors Hard
← Chapter 4

Did I miss anything in Chapter 6?

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