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

Decks in this class (14)

Chapter 1
Company or individual who gives a...,
Group of people or entities organ...,
A service based profession that p...
33  cards
8 loc 1,2
Corporation whose stock is exchan...,
Evidence of ownership interest is...,
Items on an application filed wit...
27  cards
mod2 LO 7-10
Financial report of profitability...,
Increase in equity resulting from...,
Decrease in equity resulting from...
20  cards
chapter 2 LO1-4
A transaction that increases an a...,
A transaction that decreases one ...,
Expenses that are recognized befo...
10  cards
CH2_LO5-9
An accounting system that recogni...,
Accrualrecognition of events befo...,
Recognition of revenue or expense...
9  cards
1&2 Formulas
Total issued stock treasury stock,
Stock holders equity number of ou...,
Multiplying the par value per sha...
15  cards
Chapter 3
Companies that buy and resell mer...,
Supply of finished goods held for...,
Companies that sell goods to cons...
24  cards
Chapter 4
A company s policies and procedur...,
An insurance policy that a compan...,
Manual that sets forth the accoun...
31  cards
ch 5, 7
Face amount of receivables less a...,
Allowance for doubtful accountsco...,
Account subtracted from another a...
23  cards
ch.6(1-4)
Assets that can be touched such a...,
Assets that may be represented by...,
Property plant and equipmentcateg...
15  cards
11 mod
Mixed cost fixed cost variable cost,
Alternative measure base measure ...,
Condition in which a change in re...
18  cards
ch14
Planning activities associated wi...,
Financial planning activities tha...,
Short range planning activities s...
9  cards
ch.15(1.6.7)
Practice of delegating authority ...,
Point in an organization where th...,
Cost centertype of responsibility...
11  cards
Final
A private independent standard se...,
Government agency responsible for...,
Generally accepted accounting pri...
57  cards

More about
MBUS

  • Class purpose General learning

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