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

Decks in this class (24)

Chapter 1
Accounting 1,
Accounting equation 2,
Assets 3
28  cards
Chapter 2
Account 1,
Chart of accounts 2,
Control account 3
13  cards
Chapter 3
Accrual 1,
Accrual basis 2,
Accrued expenses 3
18  cards
Chapter 4
Accounting cycle 1,
Capital stock 2,
Closing process 3
22  cards
Chapter 5
Cash discount 1,
Cost of goods sold 2,
Credit memorandum 3
21  cards
Chapter 6
Bank reconciliation 1,
Bank statement 2,
Cash 3
14  cards
Chapter 7
Accounts receivable 1,
Aging of accounts receivable 2,
Allowance method for uncollectibl...
15  cards
Chapter 8
Conservatism 1,
Consignment 2,
Cost flow assumption 3
13  cards
Chapter 9
All inclusive approach 1,
Amortized cost method 2,
Available for sale securities 3
16  cards
Chapter 10
Accelerated depreciation methods 1,
Capital expenditures 2,
Capital lease 3
17  cards
Chapter 11
Amortization 1,
Betterment 2,
Commercial substance 3
10  cards
Chapter 12
Accounts payable 1,
Compensated absences 2,
Contingent liabilities 3
20  cards
Chapter 13
Annuities 1,
Bonds payable 2,
Callable bond 3
19  cards
Chapter 14
Callable preferred 1,
Common stock 2,
Convertible preferred 3
18  cards
Chapter 15
Accounting changes 1,
Accounting principles board 2,
Aicpa 3
43  cards
Chapter 16
Direct approach 1,
Financing activities 2,
Indirect approach 3
6  cards
Chapter 17
Activity based costing 1,
B2b 2,
Budget 3
31  cards
Chapter 18
Break even point 1,
Committed fixed cost 2,
Contribution margin 3
15  cards
Chapter 19
Benchmarking 1,
Capacity utilization 2,
Cost driver 3
17  cards
Chapter 20
Abc activity based costing 1,
Activity 2,
Activity cost pool 3
17  cards
Chapter 21
Buttom up participative budget 1,
Budget committee 2,
Budget slack 3
19  cards
Chapter 22
Achievable standards 1,
Balanced scorecard 2,
Centralized decision making 3
22  cards
Chapter 23
Absorption costing 1,
Contribution income statement 2,
Dashboard 3
8  cards
Chapter 24
Accounting rate of return 1,
Annuity 2,
Annuity due 3
16  cards

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Financial Accounting I

  • Class purpose General learning

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