Recent Tutoring Session Reviews
"Today's session covered a review of the practice exams and continued practice problems from the lesson. We pinpointed areas on the practice exam for the student to keep practicing on for the final exam. She should review the journal entries for unearned/accruals, particularly in regards to A/R and A/P and the PV/FV factor notes/steps that we discussed today."
"Today was our last session before her final. We covered the allowance method of realizing bad debt expense, what amount to record when accounts receivable is surrendered without recourse, present value, current ratio, quick ratio, how to work backward to get gross sales when only given receivable information, and how to make an amortization schedule. The student seemed much more positive about the class after all of our tutoring sessions."
"We went over 10 review test questions. We reviewed flow of entries to and from balance sheet to income statement and back again. We closed the sessions by going over retained earnings and capital investments. I am going to get a list of ratios to learn. Tomorrow, we will start reviewing class assignments by chapter before the test."