BUS2210 - Financial Accounting

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

Decks in this class (11)

Chapter 2 Key Words
Full set of procedures used to ac...,
Transactions the firm conducts wi...,
A record of the business activiti...
22  cards
Chapter 3 Key Words
Record revenues when goods and se...,
Record revenue in the period in w...,
Record revenues at the time cash ...
18  cards
Chapter 1 Key Words
A system of maintaining records o...,
Accounting information that is pr...,
Measurement of business activitie...
41  cards
Chapter 4 Key Words
When a person intentionally decei...,
The use of one s occupation for p...,
The three elements present for ev...
32  cards
Chapter 5 Key Words
A source document that identifies...,
Transfer of goods or services to ...,
The amounts owed to the company b...
23  cards
Chapter 6 Key Words
Approximate number of days the av...,
Cost of the inventory that was so...,
An income statement that reports ...
22  cards
Chapter 7 Key Words
Record an expenditure as an asset 1,
Improvements to land such as pavi...,
Purchase of more than one asset a...
29  cards
Chapter 8 Key Words
An obligation of a company to tra...,
Written promises to repay amounts...,
An informal agreement that permit...
17  cards
Chapter 9 Key Words
Borrowing money from creditors li...,
Obtaining investment from stockho...,
The mixture of liabilities and st...
27  cards
Chapter 11 Key Words
A financial statement that measur...,
Transactions involving revenue an...,
Transactions involving the purcha...
10  cards
Chapter 10 Key Words
The amount stockholders have inve...,
An entity that is legally separat...,
Describes the nature of the firm ...
41  cards

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BUS2210 - Financial Accounting

  • Class purpose General learning

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