Accounting Exam Flashcards
1
Q
Explain the accounting equation in terms of credit and debit fall/rise
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2
Q
Debits & Credits (the “DEALER” method)
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3
Q
What is the formula for “Operating Cash Flow”?
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4
Q
Examples of Assets
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5
Q
Examples of Liabilities and shareholder’s equity
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6
Q
Indirect method
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7
Q
Operating activities
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8
Q
Financing activities
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9
Q
Investing activities
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