This class was created by Brainscape user Jason Dimitris. Visit their profile to learn more about the creator.
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Jason Dimitris
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Decks in this class (11)
Chapter 1 (Accounting Basics)
Forms of business organization 1,
Forms of business organization co...,
Business activities financing act...
13
cards
Chapter 2 (Recording Transactions)
Accounting cycle a sequence of ac...,
Analyzing transactions 2,
Analyzing transactions continued 3
10
cards
Chapter 3 & 4 (Accrual Accounting & Understanding Financial Statements)
Revenue recognition principle 1,
A company recognizes revenue when...,
Expense matching cost incurred to...
13
cards
Chapter 5 (Inventory & COGS)
Operating cycle merchandising firm 1,
Perpetual vs periodic inventory 2,
Inventory cost flow assumptions c...
9
cards
Chapter 6 (Accounts Receivable & Revenue)
Revenue recognition a company rec...,
Sales discounts when customers pu...,
Accounting for bad debts 3
8
cards
Chapter 7 (Financial Statement Analysis)
Horizontal analysis compares two ...,
Ratio analysis continued 2,
Ratio analysis continued 3
7
cards
Chapter 8 (Long Lived Assets & Intangibles)
Long lived asset actively used in...,
Costs to be capitalized examples ...,
Depreciation the process of cost ...
12
cards
Chapter 9 (Statement of Cash Flows)
Cash currency coins balances in _...,
Cash flows statement activities 2,
Operating activities inflows cash...
11
cards
Chapter 10 (Equity)
Corporation advantages 1,
Corporate stakeholders 2,
Common stock typical stockholder ...
10
cards
Chapter 11 (Liabilities)
Characteristics of liabilities 1,
Liabilities recorded at the cash ...,
Notes payable formal written ____...
8
cards
Chapter 12 (Time Value of Money)
Time value of money money can gro...,
Interest rates usually quoted on ...
2
cards
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Accounting
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accounting
- 31 decks
- 1706 flashcards
- 1554 learners
Decks:
Chapter 1, Powerpoint 1, Powerpoint 2, And more!
