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College Accounting McGraw HILL

This class was created by Brainscape user H. Stone Workforce. Visit their profile to learn more about the creator.

By: H. Stone Workforce
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Decks in this class (13)

Chapter 1
What is the definition of accounting,
What is accounting,
How do you summarize an accountin...
34  cards
Ch 2 & 3
What is a business transaction,
An owner s financial interest is ...,
Accounts payable is money you
29  cards
Accounting Notes - Test 8/3/23
Accounting is the language of,
Assets ________ capital,
T accounts always debit on the __...
29  cards
Chapter 4
The journal of original entry is ...,
How are transactions recorded in ...,
Why is it important to include de...
16  cards
Chapter 5
Adjustments to journal entries ar...,
The trial balance section of your...,
When you make an error in the gen...
25  cards
Chapter 6
What is an income summary account,
What is another name for revenue,
When you reduce an account balanc...
11  cards
Chapter 7
What are the three basic types of...,
What is the purpose of a sales jo...,
What three accounts are represent...
10  cards
Chapter 8
What does a purchase requisition ...,
What is the purpose of a purchase...,
True or false purchase is a tempo...
9  cards
Chapter 9
How often does a business prepare...
1  cards
Chapter 18
How do you calculate depletion,
What is the formula for straight ...,
What is the formula for sum of th...
16  cards
Chapter 15
Classifying accounts receivable b...,
What is the allowance method,
A direct charge off method record...
5  cards
Chapter 10
What are the two times of unemplo...,
How do you compute gross earnings,
According the the book social sec...
20  cards
Chapter 11
What determines when payroll taxe...,
How are taxes paid,
If you are required to pay taxes ...
19  cards

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College Accounting McGraw HILL

  • Class purpose General learning

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