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Islam Martinez
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Decks in this class (30)
Transaction - Revenue Recognition: Percentage Of Completion
Percentage of completion method 1,
Percentage of completion requirem...,
Percentage of completion method c...
58
cards
Transaction - Accounting for Income Taxes
What deferred taxes should be dis...,
Should dta and dtl be deducted by...,
What does gaap provide income tax...
75
cards
Transactions - Lessee Accounting
What does asu 2016 02 cover 1,
What does asu 2016 02 not cover 2,
How many years of minimum annual ...
44
cards
Financial Reporting - General Purpose For Profit - BS/SFP
How to account for unsold goods o...,
What are asset valuation accounts...,
If an expense is prepaid up to tw...
18
cards
Financial Reporting - General Purpose For Profit - Fundamentals/Conceptual Framework Accounting
How does the accounting universe ...,
What are the accounting principles 2,
What are the accounting standards 3
44
cards
Financial Reporting - General Purpose For Profit - Income Statement/Comprehensive Income
What does comprehensive income ge...,
List examples of other comprehens...,
Retained earnings appropriated fo...
61
cards
Financial Reporting - Statement of Cash Flows -
What are examples of financing ac...,
What should be disclosed as suppl...,
What some cash inflows outflow fo...
40
cards
Financial Reporting - General Purpose - Consolidated
When a company sells merchandise ...,
When a parent company has the fol...,
When given the following 3
42
cards
Financial Reporting - State/Local Gov.
If a company is invested into cou...,
What basis of accounting and meas...,
What kind of funds are fiduciary ...
56
cards
Financial Reporting - Nongovernmental Not for Profit
If given the following 1,
All nongovernmental not for profi...,
What is the matrix presentation w...
46
cards
Financial Reporting - Special Framework
The change from a cash basis to a...,
What is the correction of an erro...,
How does the current year ar get ...
36
cards
Financial Reporting - Financial Statement Ratios
How do you calculate the asset tu...,
What ratio uses the average numbe...,
What is the days sales in account...
71
cards
Balance Sheet - Cash and Cash Equivalents
When given the following 1,
Is a 90 day certificate of deposi...,
Do you subtract overdrafts in ban...
22
cards
Balance Sheet - Trade Receivables
If a company pledges some of its ...,
Calculate doubtful accounts expen...,
How are interest rate bearing not...
53
cards
Balance Sheet Inventory
When an entity follows the lifo m...,
Calculate a company s inventory w...,
If beginning inventory is underst...
62
cards
Financial Reporting - Balance Sheet
When computing purchasing power g...,
The premium on a three year insur...,
How do you calculate shipping cos...
31
cards
Transactions - PPE
A company with a june 30 fiscal y...,
Isle co owned a copy machine that...,
What is a capital expenditure 3
76
cards
Transactions - Bonds
What is deducted added to the car...,
The following is deducted added f...,
On june 1 of the current year cro...
80
cards
Transactions - Investments
Sork inc has a portfolio of equit...,
A company has a 22 investment in ...,
Puff co acquired 40 of straw inc ...
57
cards
Notes to account
Blank 1
1
cards
Public Company Reporting Topics
Do you subtract taxes from net in...,
What is the diluted earnings eps ...,
What is eps formula 3
12
cards
Intangibles
On january 2 gant co purchased a ...,
Dale corp successfully patented a...,
After an impairment loss is recog...
3
cards
Notes to account
Which of the following is correct...,
Dean co acquired 100 of morey cor...,
What should consolidate fs disclo...
3
cards
Accounting Changes/Corrections
At december 31 of the current yea...,
At december 31 year 1 eagle corp ...,
On december 31 of the current yea...
40
cards
Equity Method
On july 1 of the current year den...,
On incorporation dee inc issued c...,
Which of the following is are tru...
48
cards
Intangible Assets
Gray co was granted a patent on j...,
During the year jase co incurred ...,
In year 1 chain inc purchased a 1...
35
cards
Payables/Current Liabilities
On june 1 year 2 archer inc issue...,
A company finances the purchase o...,
Regal department store sells gift...
63
cards
Revenue Recoginition
A company provides the following ...,
On october 20 of the current year...,
Bear co which began operations on...
4
cards
AR
On april 1 aloe inc factored 80 0...,
The following information pertain...,
Jones corp s capital structure wa...
4
cards
FV
According to the fasb conceptual ...,
If it is not practicable for an e...,
When developing fair value assump...
33
cards
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