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

Decks in this class (17)

Unit 3&4
Assets 1,
Liabilities 2,
Owners equity 3
18  cards
General Ledger Templates
Inventory 1,
Accounts receivable 2,
Accounts payable 3
4  cards
Chapter 8 Sales Returns
Accounts payable 1,
Accounts receivable 2,
Credit purchase 3
6  cards
Chapter 9
Product cost 1,
Period cost 2,
Qc that affects product period co...
8  cards
Ch 10
Why close accounts 1,
Closing a revenue account general...,
Closing expenses account general ...
6  cards
Ch 11
Qc for income statements 1,
Income statement following inform...,
Income statement format 3
5  cards
Ch 12
Why prepare a cash flow statement 1,
Classifications in the cash flow ...,
Operating activities 3
6  cards
Ch 13
Inventory turnover 1,
Evaluation of inventory turnover 2,
Accounts receivable turnover 3
4  cards
Ch15
Depreciation 1,
Cost of an asset 2,
Straight line method 3
12  cards
Chapter 14
Bad debts and allowance for doubt...,
Recording bad and doubtful debts 2,
Writing off debts 3
5  cards
Chapter 16
Reducing balance depreciation 1,
Carrying value 2,
Which depreciation to use 3
4  cards
Ch17
General journal entry for purchas...,
General journal entry for purchas...,
Steps to record disposal of asset...
6  cards
Ch18
Accrual accounting 1,
Balance day adjustments 2,
Adjusting entry 3
12  cards
Ch20
Cash inflows budgeted cash flow s...,
Cash outflows budgeted cash outfl...,
Budgeted cash flow headings 3
6  cards
ch21
Budgeted variance reports 1
1  cards
Ch22
Gross profit margin up down 1,
Benchmarks 2,
Cash cycle 3
4  cards
ch23
Gearing 1
1  cards

More about
Accounting

  • Class purpose General learning

Learn faster with Brainscape on your web, iPhone, or Android device. Study Liam Livo's Accounting flashcards now!

How studying works.

Brainscape's adaptive web mobile flashcards system will drill you on your weaknesses, using a pattern guaranteed to help you learn more in less time.

Add your own flashcards.

Either request "Edit" access from the author, or make a copy of the class to edit as your own. And you can always create a totally new class of your own too!

What's Brainscape anyway?

Brainscape is a digital flashcards platform where you can find, create, share, and study any subject on the planet.

We use an adaptive study algorithm that is proven to help you learn faster and remember longer....

Looking for something else?

accounting
  • 31 decks
  • 1706 flashcards
  • 1570 learners
Decks: Chapter 1, Powerpoint 1, Powerpoint 2, And more!
Make Flashcards