PPT-Credit & Debit/ Risk

Welcome httpswwwyoutubecomwatchvVz05A6cP6Iw What is Credit What is Debit What is a Credit Score What is Risk Management . Unit 1: Lesson 2. Introduction. For many Americans, . debit cards . are quickly replacing personal checks as a means of making payments. Students should be able to recognize the difference between a debit card, ATM card, and a credit card.. ACT 201 Lecture. By: . Ms. Adina Malik. The Account . Record of increases and decreases in a specific asset, liability & owner’s . equity item.. The format resembles the letter ‘T’, hence referred to as the T Account. 1. PRINCIPLES OF . ACCOUNTS. Drill & . Practice. Debits and Credits. How to Use the Flashcards. Launch the PowerPoint presentation.. Click on a Card’s . hyperlink label. .. Click on the Debit or Credit Button. . What does the word, “Debit” mean to you?. What does the word, “Credit” mean to you?. Write it down on a separate piece of paper.. Draw an outline of your left hand and right hand on a different piece of paper.. E3-3. Recording the Transactions. A customer orders and receives 10 personal computers from Dell; the customer promises to pay $18,400 within three months. Answer from Dell’s standpoint. What about cost info?. Fall 2010. Jordan Auditorium. Mendoza College of Business. September 19, 2010. ACCT 20100 Review Problem. July 1 Minh invested $12,000 cash in the business.. Account. Debit. Credit. July 1 Purchased used truck for $6,000, paying $3,000 cash and the balance on a three year note payable.. Introduction to plastic money. Evolution of plastic cards. Plastic money . – A new and easier way of paying for goods and services. Provides convenient usage alongwith incentives. An alternative to hire-purchase or loan on consumer goods. e. Transact . Informational Session. December 3, 2009. Presented by : Vivian Eberhardt, Supervisor Cash and Credit Operations. Agenda. Credit and Debit Card Acceptance and Electronic Commerce Policy. LESSON TWO: PERSONAL SPENDING. INTRODUCTION. DEBIT CARD. : used like cash. Linked to a checking or savings account. Paying NOW for merchandise. PAYPAL: . online payment service that can be linked to savings, checking or credit card account. Advantages and Disadvantages. What is credit?. What is the difference between debit and credit cards?. What are advantages and disadvantages of credit cards?. VOCAB TO KNOW!. Credit. : . goods, services, and/or money received in exchange for a promise to pay back a definite sum of money at a future date. Objective: Compare and contrast debit and credit. II. Credit v. Debit. A. . Credit. : spending $ that you don’t have (borrowing). 1. . Interest. : Paying extra $ for borrowing . a. . . Annual Percentage Rate (APR). A) Merchandise bought on account. B) All cash payments. C) Sale of merchandise on account. D) All cash received. A. For what are special amount columns in a journal used?. A) Frequently . occuring. transactions. Overview. . Accounting Principles. Account Classifications. Account Balances. Journal Entries. Recording Payroll Transactions. Accounting Periods. Accruals and Reversals. Balancing and Reconciliations. Invalid or missing CVV code Please verify the 3-digit code on the back of the card If you continue to receive the error contact the card issuer Debit Card/Credit CardAddress verification failed Cardho