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

Decks in this class (11)

Chapter 1 - Accounting In Business
Assets 1,
Liabilities 2,
Equity 3
36  cards
Comprehensive Final
Accounting consists of three basi...,
Which of the following would not ...,
Which of the following would not ...
4  cards
Chapter 10 - Accounting for Long-Term Liabilities
Discount bonds payable 1,
When a bond sells at a discount 2,
Interest expense 3
14  cards
Chapter 9 - Accounting For Current Liabilities
Entry to record sales tax payable 1,
Entry to record unearned revenue 2,
Entry to record when revenue is e...
17  cards
Chapter 8 - Accounting for Long term Assets
Straight line depreciation formula 1,
Units of production depreciation ...,
Double declining balance deprecia...
14  cards
Chapter 7 - Accounting for Receivables
Receivable 1,
Two most common receivables 2,
Accounts receivable 3
21  cards
Chapter 6 - Cash, Fraud, and Internal Controls
Adjustment for a note receivable 1,
Days sales uncollected 2,
Cash over and short account 3
5  cards
Chapter 5 - Inventories and Cost of Sales
Fifo effect on financial statemen...,
Lifo effect on financial statemen...,
Weighted average effect on financ...
19  cards
Chapter 4 - Accounting For Merchandising Operations
Operating cycle for a merchandiser 1,
Perpetual inventory 2,
Periodic inventory system 3
29  cards
Chapter 3 - Adjusting Accounts for Financial Statements
Depreciation 1,
Plant assets 2,
Accrual basis accounting 3
29  cards
Chapter 2 - Accounting For Business Transactions
5 steps in processing transactions 1,
Source documents 2,
Account 3
21  cards

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Accounting 4A

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