Brainscape's Knowledge GenomeTM


Top Flashcards (Certified)
All Flashcards

Accounting 211

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

By: Anneliese Fenwick
Start Studying

Decks in this class (13)

Chapter 1 Introducing Financial Statements
Define accounting 1,
What is accounting considered 2,
Who are external users 3
40  cards
Chapter 2 Financial Statements and the Accounting System
What are the 4 building blocks of...,
What are ratios 2,
What is liquidity 3
17  cards
Chapter 3 Adjusting Accounts
What are the 2 accounting periods 1,
What are the 2 accounting methods 2,
What are the 2 gaap principles 3
17  cards
Ratios (chapters 1-3)
Accounting equation 1,
Net income 2,
Return on assets 3
8  cards
Chapter 4- Inventory/Merchandise
What is inventory merchandise 1,
What are wholesalers 2,
Who are retailers 3
39  cards
Chapter 5- Reporting and Analyzing Inventory
What are goods on consignment 1,
What are goods damaged or obsolete 2,
What is the equation for net real...
16  cards
Ratios (chapters 4-5)
What is the ratio for gross profit 1,
What is the ratio for net sales 2,
What is the ratio for goods avail...
7  cards
Chapter 7- Receivables
What is a general ledger 1,
What is a subsidiary ledger 2,
What are the 2 types of credit ca...
22  cards
Chapter 6- Reporting and Analyzing Cash, Fraud, and Internal Control
What is on the fraud triangle 1,
What is the most susceptible asse...,
What are internal controls 3
22  cards
Chapter 8- Longterm Assets
What are fixed assets plant assets 1,
What is depreciation 2,
What is salvage value 3
21  cards
Chapter 9 Current Liabilities
What are current liabilities 1,
What are accounts payable 2,
What is sales tax payable 3
18  cards
Chapter 10- Longterm Liabilities
What is bond financing 1,
What is the issuer 2,
What is the bondholder 3
23  cards
Chapter 11 Equity
What is common stock 1,
What are revenues expenses and di...,
What are corporations 3
25  cards

More about
Accounting 211

  • Class purpose General learning

Learn faster with Brainscape on your web, iPhone, or Android device. Study Anneliese Fenwick's Accounting 211 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.

Learn more about spaced repetition

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?

MIMM 211
  • 38 decks
  • 1550 flashcards
  • 10 learners
Decks: Lecture 1 Introduction, Lecture 2 History And Scope, Lecture 3 Classification Of Living Organ, And more!
accounting
  • 31 decks
  • 1706 flashcards
  • 1549 learners
Decks: Chapter 1, Powerpoint 1, Powerpoint 2, And more!
Find Flashcards
Make Flashcards
Brainscape helps you reach your goals faster, through stronger study habits.
© 2025 Bold Learning Solutions. Terms and Conditions