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Intermediate Accounting 2

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

By: Minghao Cutie
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Decks in this class (12)

LIABILITIES
1 the most common type of liabili...,
2 which is not a characteristic o...,
3 classifying liabilities as eith...
30  cards
PREMIUM AND WARRANTY LIABILITY
1 the cost of customer premium of...,
2 the accounting concept that req...,
3 accounting for cost of incentiv...
15  cards
PROVISION
1 which is the correct definition...,
2 a provision shall be recognized...,
3 a legal obligation is an obliga...
35  cards
BONDS PAYABLE
1 most corporate bonds area mortg...,
2 the method used to pay interest...,
4 bonds payable should be reporte...
30  cards
EFFECTIVE INTEREST METHOD
Question 46 6 multiple choice iaa...,
2 what is the rate of interest ac...,
4 a discount on bond payable is c...
25  cards
MTE Q1
Which of the following is not an ...,
Which is not a characteristic of ...,
Which does not meet the definitio...
15  cards
MTE Q2
What is the stand alone selling p...,
The nonredemption of gift certifi...,
Which of the following is a chara...
12  cards
MTE Q3
It is an event that creates a leg...,
When a range of possible outcomes...,
For which of the following should...
13  cards
MTE Q4
Interest expense is a the effecti...,
For a bond issue which sells for ...,
How should the entity calculate t...
13  cards
COMPOUND FINANCIAL INSTRUMENT
What is the principal accounting ...,
How are the proceeds from issuing...,
3 the proceeds from an issue of b...
15  cards
SHAREHOLDER'S EQUITY
1 when shares with par value are ...,
2 when shares without par value a...,
3 if shares are issued for a nonc...
63  cards
RETAINED EARNINGS
1 retained earnings representa ea...,
2 retained earnings representa un...,
3 the total retained earnings bal...
50  cards

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Intermediate Accounting 2

  • Class purpose General learning

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