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Principles of accounting

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

By: Dina Mojica
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Decks in this class (13)

module 1-Personal budgeting
Budget equation 1,
Budgeting steps 2,
Recurring income 3
26  cards
module 2-financial accounting
Financial statements can be misle...,
Bookkeeping 2,
Financial accounting 3
26  cards
module 2- Financial statements
2 primary objectives of businesses 1,
4 basic financial statements 2,
The statement stockholders equity 3
22  cards
Module 3 - Accounting Foundational Elements
Accounting equation 1,
T account 2,
Journal 3
25  cards
Module 4- accounting cycle & info. systems
8 steps in the accounting process 1,
Source document 2,
Posting 3
16  cards
Module 5- recording transaction
Cash basis of accounting 1,
Accrual basis of accounting 2,
Fiscal year 3
16  cards
module 6- assets cash
How to control cash disbursements 1,
Cash internal control 2,
5 components of internal controls 3
5  cards
module 7- accounts receivable
Accounts receivable 1,
Notes receivable 2,
Accounts receivable ledger 3
16  cards
Module 8- Current liabilities
Current liabilities 1,
Long term liabilities 2,
Clearly determinable liabilities 3
17  cards
module 9- payroll (liability)
Salary 1,
Wages 2,
Commission 3
20  cards
module 10- interpreting financial statements
Financial statement analysis 1,
Liquidity 2,
Solvency 3
28  cards
Module 11- interpersonal skills
Decision making strategies 1,
Decision making process 2,
When to use autocratic 3
14  cards
module 12- accounting applications
Effective skills in writing a bus...,
Order of writing a business report 2,
Trend or line graphs 3
13  cards

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Principles of accounting

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Principles of Accounting
  • 22 decks
  • 358 flashcards
  • 37 learners
Decks: Ch 1 Accounting The Lang Of Bus Vocab, Ch 2 Analyzing Bus Trans Vocab, Ch 1 Acct Lang Of Business Gen 1, And more!
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