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By:
Charlie Minard
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Decks in this class (31)
chapter 1
Sole proprietorship 1,
Partnership 2,
Corporation 3
37
cards
Powerpoint 1
Accounting definition 1,
Self proprietorship 2,
Partnership 3
44
cards
Powerpoint 2
Basic accounting equation reversed 1,
Current assets 2,
Operating cycle 3
58
cards
Chapter 2
Accrual basis accounting 1,
Classified balance sheet 2,
Comparability 3
38
cards
Chapter 3
Accounting infomation system 1,
Accounting transactions 2,
Transaction analysis 3
51
cards
IFRS
Need for one set of international...,
Concern of making foreign compani...,
Principles based 3
53
cards
Powerpoint 3
Free cash flow 1,
Normal dr balance 2,
Normal cr balance 3
19
cards
Chapter 4
Accounting time periods 1,
Fiscal year 2,
Revenue recognition principle 3
51
cards
Chapter 5
Retailers 1,
Wholesalers 2,
Cost of goods sold 3
50
cards
Powerpoint 5
Revenue recognition principle 1,
Periodicity assumption 2,
Expense recognition principle 3
39
cards
Chapter 6
Three categories of inventory 1,
Finished goods inventory 2,
Work in process 3
36
cards
Powerpoint 6
Which operating cycle is longer 1,
Under a periodic system cost of g...,
Purchases account for periodic 3
14
cards
Practice Exam
Which account is not closed at th...,
Appropriate way to present date f...,
The statement which shows the ope...
38
cards
Chapter 6 powerpoint
Merchandiser inventory classicati...,
Three manufacturer inventory clas...,
Finished goods inventory 3
32
cards
Chapter 7
Three fraud characteristics 1,
Fraud 2,
Internal control 3
67
cards
Chapter 8
Receivables 1,
Accounts receivable 2,
Notes receivable 3
42
cards
Chapter 7 powerpoint
Fraud 1,
Fraud triangle 2,
Opportunity 3
68
cards
Chapter 8 powerpoint
Accounts receivable 1,
Notes receivable 2,
Trade receivables 3
44
cards
IFRS - 2
Ifrs and gaap are very similar in...,
_________________ is the only sta...,
Fraud triangle internationally 3
58
cards
Chapter 9
Plant assets 1,
Cost principle 2,
Example cost of factory machinery 3
74
cards
Chapter 10
Current liability 1,
Notes payable 2,
Why notes payable instead of acco...
111
cards
Chapter 10 powerpoint
Current liability 1,
Examples of current liabilities 2,
Notes payable current liability 3
132
cards
Chapter 9 Powerpoint
Purchase of long lived assets 1,
Recognize periodic deprectiation ...,
_______________ is used to measur...
48
cards
Chapter 11
A corporation has most of the ___...,
Corporation 2,
Two common classifications of cor...
80
cards
Appendix E
Three reasons why corporations in...,
Typical investment to house exces...,
Typical investment to generate ea...
49
cards
Chapter 12
Statement of cash flows 1,
Statement of cash flows helps ass...,
Financing activities 3
61
cards
Chapter 13
Sustainable income 1,
Two types of irregular items 2,
Discontinued operations 3
97
cards
Chapter 11 Powerpoint
Classified by purpose 1,
Classified by ownership 2,
Advantages of a corporation 3
83
cards
Chapter 12 Powerpoint
Operating activities 1,
Investing activities 2,
Financing activities 3
21
cards
Chapter 13 Powerpoint
Authorized shares 1,
Issued shares 2,
Outstanding shares 3
58
cards
Notes
Introductory phase characteristics 1,
Growth phase characteristics 2,
Maturity phase characteristics 3
53
cards
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accounting
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