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

Decks in this class (21)

Chapter 5
P5 5 bakery incorp recently 1,
P5 4 1 two fv through ni and aoci...,
Ppe 3
9  cards
Chapter 4
P4 12 gain from sale unrealized g...,
Recording allowance for da doubtf...,
The single step income statement ...
18  cards
Chapter 6
E6 6 1,
A6 24 completed contract method t...,
A6 24 of completion method the fo...
20  cards
Chapter 6 - textbook
Core concept in the earnings appr...,
Methods for lt construction and o...,
Of completion 3
21  cards
Terms
A type of asset that is not easil...,
Blank 2
2  cards
Chapter 8
If gross profit is 40 1,
Purchase discount lost 2,
Current ratio short term debt pay...
10  cards
Chapter 8 - problems
P8 6 1,
P8 2 rebates receivable 2,
P8 2 journal entries 3
14  cards
Chapter 7 - problems
P7 11 effects on the income state...,
P7 9 1 note receivable paid in ra...,
P7 9 3
7  cards
Chapter 7
Sales discount forfeited 1,
Collecting on an account previous...,
Nontrade receivables include the ...
7  cards
Chapter 4 - problems
P4 14 1 gain on recovery from ins...,
P4 13 2,
P4 9 3
12  cards
Chapter 1
Qualitative characteristics 2 1,
Materiality 2,
1 relevance 3
8  cards
Chapter 6 - problems
P6 4 loss on a contract completed 1
1  cards
Chapter 9
Investments in shares may be acqu...,
What are short term unsecured dis...,
When the cost model is applied to...
15  cards
Chapter 10
Encumbrance 1,
To level to the ground demolish 2,
Exchange of shares for an asset u...
20  cards
Chapter 10 -1
Examples of property plant and eq...,
Characteristics of ppe 2,
When accounting for borrowing cos...
18  cards
Chapter 11 - terms
A a short usually descriptive lit...,
Ordinary annuity 2,
The opposite of an ordinary annui...
9  cards
Chapter 9 - study guide
3 methods for no significant infl...,
Cost model and amortized cost mod...,
Characteristics of cost amortized...
21  cards
Chapter 12 - problems
A program that is designed to imp...
1  cards
Chapter 12 - concepts
Under ifrs when goodwill should b...,
Goodwill was purchased when a bus...,
When is required rational entity ...
14  cards
Chapter 9 - problems
Summary 1,
Fv ni 2,
Fv oci 3
4  cards
Chapter 11 - problems
P11 12 asset held for sale meets ...
1  cards

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FA 1

  • Class purpose General learning

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