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Intro to Financial Accounting CWI

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

By: Travis Horton
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Decks in this class (11)

Week 1
Accounting is an information syst...,
What is financial accounting,
What does managerial accounting f...
40  cards
Ch. 2
Name 7 assets accounts,
What are 4 examples of liability ...,
A list of all of a company s acco...
24  cards
Ch. 3
Accounting method that records re...,
Accounting method that records re...,
Assumes that a business activity ...
25  cards
Ch. 4
A balance sheet that places each ...,
A measure of how quickly an item ...,
An asset that is expected to be c...
18  cards
Chapter 5
A business that sells merchandise...,
An asset account for the merchand...,
A type of merchandiser who bus go...
36  cards
Chapter 6
The principle that states a busin...,
Principle that states a business ...,
Term that states a company must p...
14  cards
Chapter 7
The organizational plan and all t...,
A committee that provides thought...,
A report by management describing...
21  cards
Chapter 9
A depreciable improvement to land...,
Recording the acquisition of land...,
A method of allocating the total ...
29  cards
Chapter 12
A liability that does not need to...,
A schedule that details each loan...,
Long term debts that are backed w...
28  cards
Chapter 13
A business organized under state ...,
Name 4 advantages of a corporation,
Name 4 disadvantages of corporations
27  cards
Chapter 14
Reports on a business cash receip...,
What is the purpose of statement ...,
Activities that create revenue or...
14  cards

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Intro to Financial Accounting CWI

  • Class purpose General learning

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