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Decks in this class (24)
Bookkeeping Basics: What is bookkeeping?
What is accounts payable 1,
What is accounts receivable 2,
General bookkeeping responsibilit...
12
cards
Bookkeeping Basics: Accounting Basics
What is the accounting equation 1,
As you scrutinize the balance she...,
The accounting equation assets eq...
44
cards
Bookkeeping Basics: The Accounting Cycle
Why is the accounting cycle impor...,
What is the accounting cycle 2,
What is the first step in the acc...
56
cards
Bookkeeping Basics: Step 1: Collect and analyze transactions
What is a transaction journal use...,
What types of events get recorded 2,
What to include in the transactio...
30
cards
Bookkeeping Basics: Step 2 - Record and Post Transactions
Name the steps in the accounting ...,
What is double entry bookkkeeping 2,
How are t charts useful for doubl...
39
cards
Bookkeeping Basics: Step 2 - Record & Post Transactions-L 7-10
What is the modified cash basis a...,
What are the two important accoun...,
What is accounts payable 3
30
cards
Bookkeeping Basics: Steps 3-5 - Prepare unadjusted balance, adjustments, and adjusted balance
The accounting cycle 1,
What does the unadjusted trial ba...,
Try it out frank s car detailing ...
36
cards
Bookkeeping Basics: Step 6- Prepare financial statements -Includes Smmary Activity and Practice Exam
What are the four main financial ...,
What is the process for closing t...,
Should you make any changes after...
79
cards
Tracking Assets and Sales -Tracking Financial Performance
What is the overarching theme of ...,
Select the arrows to move through...,
In this module we ll focus on the...
30
cards
Tracking Assets and Sales - What are assets
What is an asset 1,
What are the two categories that ...,
Knowledge check 1 of 8 get starte...
54
cards
Tracking Assets and Sales - Recording sales transactions
Cash sales 1,
Manual or automatic recording 2,
Select the best answer cash sales...
53
cards
Tracking assets and Sales: Recording other notes and uncollectible accounts
What happens when payments are de...,
What is a promissory note 2,
Reasons for a promissory note 3
58
cards
Tracking assets and sales: Tracking merchandise inventory
What is inventory 1,
Are the raw materials used to mak...,
Are the computers used by salespe...
102
cards
Tracking Assets and Sales: Reporting Depreciation
How does depreciation affect the ...,
What is pp e 2,
Why is pp e important 3
107
cards
Tracking Assets and Sales: Practice Exam
Which of the following are consid...,
Match the term with correct defin...,
In financial accounting systems w...
24
cards
Tracking expenses, liabilities, and equity: Tracking Financial Obligations
Tracking financial obligations
85
cards
Tracking expenses, liabilities, and equity: Types and impact of current liabilities
What are current liabilities 1,
What are long term liabilites 2,
Accounts payable 3
60
cards
Tracking expenses, liabilities, and equity: Recording long-term liabilities
What are long term liabilities 1,
Common examples of long term liab...,
What should the client consider w...
33
cards
Tracking expenses, liabilities, and equity: Recording Payroll
Recording payroll
91
cards
Tracking expenses, liabilities, and equity: Reporting equity
What is equity 1,
How are equity and the incomne st...,
Does equity impact the accounting...
52
cards
Tracking expenses, liabilities, and equity: Summary activity
When an owner takes funds from th...,
The structured process of paying ...,
What a business pays out to share...
21
cards
Tracking expenses, liabilities, and equity: Practice exam
Which of the following statements...,
Which of the following is an exam...,
Which of the following are consid...
20
cards
Reconciling accounts and examining financial statements
What is financial analysis 1,
Financial analysis and the accoun...,
Financial analysis and the accoun...
24
cards
Reconciling accounts and examining financial statements: What is reconcilliation?
What is reconciliation 1,
The original records that prove t...,
The ledger balance as of certain ...
139
cards
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Bookkeeping Intuit Academy
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