Problem
I. Customers who have large A/R balances ultimately end up as bad debt expenses to the firm. Identify and discuss at least three things you can do via QuickBooks to control A/R so that it does not become a bad debt expense for the firm. Justify your response.
II. It is important to record accounting transactions in a timely manner so that you can close out your books properly at the end of a quarter. Identify and discuss the factors that lead to a user failing to record transactions in a timely manner in accounting systems like QuickBooks. Justify your response.
III. Review the following two YouTube videos related to careers in accounting:
o "CPA Profile: Kem Washington, CPA".
o "CPA Profile: Rachel Buse, CPA, ABV, CFF".
After reviewing the videos, share an item from one of the videos that stood out to you about the accounting profession.
Identify the top three things you have learned from this course that will make you a better accountant in using Excel and QuickBooks Online. Justify your response.
The response must include a reference list. Using Times New Roman 12 pnt font, double-space, one-inch margins, and APA style of writing and citations.