This class was created by Brainscape user Jamie Young. Visit their profile to learn more about the creator.

Decks in this class (14)

Lesson 1
What are the major characteristic...,
Watauga co had the following even...,
Cotton hotel corp recently purcha...
9  cards
Lesson 2
Examples of assets that do not qu...,
To qualify for interest capitaliz...,
Capitalization period
14  cards
Lesson 3
How should a company report a cas...,
What value should companies recor...,
What is the basis for recording t...
8  cards
Lesson 4
For costs to be capitalized what ...,
What costs should be expensed imm...,
Capital expenditure asset
15  cards
Lesson 5
The gain or loss of a disposed of...,
Involuntary conversion,
Delta river co sold manufacturing...
5  cards
Module 1
On february 1 2020 nelson corpora...,
Mendenhall corporation constructe...,
Jamison company purchased the ass...
5  cards
Unit 2
Which method should be used to ha...,
Company x purchased the assets of...,
Company x sold manufacturing equi...
7  cards
Lesson 6
Intangible assets,
What are the two main characteris...,
What is a basket purchase of inta...
13  cards
Lesson 7
What are the six major categories...,
What are examples of marketing re...,
What is a trademark or trade name
14  cards
Lesson 8
Goodwill,
What are some other names for goo...,
Goodwill generated internally sho...
6  cards
Lesson 9
Impairment,
What are the two test for impairment,
What does the fair value test mea...
10  cards
Lesson 10
Research and development r d costs,
Companies must expense all resear...,
Research activities
12  cards
Module 2
Truffle inc acquired a patent on ...,
Coral corporation began operating...,
Bryson corporation purchased a li...
5  cards
Unit 3
Company a has recently purchased ...,
Which item is a primary type of p...,
Which treatment accurately record...
10  cards

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Account II

  • Class purpose General learning

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Accounting
  • 30 decks
  • 864 flashcards
  • 12 learners
Decks: Exam 3, Chapter 2, Chapter 3, And more!
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