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ACC 255 - Fin Accounting for Business

This class was created by Brainscape user Beau Hinton-Lejero. Visit their profile to learn more about the creator.

By: Beau Hinton-Lejero
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Decks in this class (7)

Ch 1 - A Framework for Financial Accounting
Accounting is the ________ of bus...,
__________ applies to all busines...,
_________ decide whether to inves...
66  cards
CH 2 - The Financial Statements
Reports a company s profit or los...,
______ revenues and gains expense...,
Layout company name statement nam...
15  cards
CH 3 - The Accounting Cycle: During the Period
0  cards
CH 4 - The Accounting Cycle: End of the Period
0  cards
CH 5 - Revenue & Receivables
The inflow of cash or accounts re...,
The final step used to apply the ...,
Bingham corporation sells product...
56  cards
CH 6 Inventory and Costs of Goods Sold
Items held for sale in the normal...,
Companies that produce the invent...,
_____________ companies produce t...
47  cards
Ch 7 Long-Term Assets
Assets in this category include l...,
Assets in this category include p...,
We report long term assets at the...
56  cards

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ACC 255 - Fin Accounting for Business

  • Class purpose General learning

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