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

By: A C

Decks in this class (20)

Lecture 1
10k,
Sec,
Balance sheet
20  cards
Lecture 2
Assets conditions,
R d patents,
How to value asset
7  cards
Lecture 3
Dr cr assets,
Dr cr liabilities,
Dr cr equity
4  cards
Lecture 4
I s,
Re,
Cash basis
12  cards
Lecture 5 - IS Concepts, Adjusting Entries
Adjusting entries,
Adjusting process,
Accrual
19  cards
Lecture 6 - Accounting Cycle
Accounting cycle,
Major steps,
Format of financial statements he...
10  cards
Lecture 7 - Statement of Cash Flows
Socf,
Cash,
Why does ni sometimes not equal cash
27  cards
Lecture 8
0  cards
Lecture 9
Point of sale method,
Completed contract,
When to use completion
9  cards
Lecture 11
Increase in allowance for bad debt,
Decrease in allowance for bad debt,
Ending balance afda
11  cards
Lecture 12
Perpetual method,
Periodic method,
Cost of goods available for sale
24  cards
Lecture 10
Accumulated depreciation is a con...,
Sales returns and allowances is a...,
Allowance for doubtful accounts i...
25  cards
Lecture 13
Lcm requirement,
Journal entry for adjusting carry...,
What do we do when market values ...
15  cards
Lecture 14
Transactions that increase ppe,
Transactions that decrease ppe,
What is included in acquisitions ...
33  cards
Lecture 16
R and t have to be the same ___ _...,
R monthly,
N monthly
41  cards
Lecture 17
Similarity b w long term notes an...,
Bond,
Coupon payment
48  cards
Lecture 18
Lease,
Capital finance leases,
Operating leases
24  cards
Lecture 19
Contributed capital,
Retained earnings,
Common stock
43  cards
Lecture 20
Gaap determines,
Tax code determines,
Differences for revenues
28  cards
Lecture 21
Minority active investment,
Minority passive investment,
A companys investment in debt sec...
69  cards

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ACCT 101

  • Class purpose General learning

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