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Decks in this class (19)
Chapter 1 Quiz:
What is a sole priopriotorship 1,
What is a partnership 2,
What is a corporation 3
25
cards
Chapter 2 Quiz
What is the order in which assets...,
What is the order in which liabil...,
What are some examples of short t...
34
cards
Chapter 3:
What are transactions 1,
What changes as a result of econo...,
What does the dual effect refer to 3
16
cards
Chapter 4:
What is the periodicity assumption 1,
What is the revenue recognition p...,
What is the expense recognition p...
20
cards
Chapter 5
What is the cost of goods sold 1,
Sales revenue cost of goods sold 2,
Describe the operating cycle of a...
25
cards
Chapter 6
How does periodic accounting diff...,
What does lifo mean fifo 2,
Why does the periodic system acco...
15
cards
Equations for exam 3
Basic accounting equation 1,
Current ratio 2,
Working capital 3
17
cards
New Chapter 1
What are the advantages and disad...,
What are the advantages and disad...,
What are the advantages and disad...
6
cards
New Chapter 2
Describe the order of the classif...,
What do profitability ratios meas...,
What do liquidity ratios measure 3
20
cards
New Chapter 3:
Describe the steps in the account...,
What are transcations 2,
What is the basic accounting equa...
8
cards
New Chapter 4:
What is the revenue recognition p...,
What is the expense recognition p...,
Describe the accrual basis of acc...
11
cards
New Chapter 5:
What is the difference between pe...,
What is required for every credit...,
What is fob destination 3
12
cards
New Chapter 6
Goods fob shipping point whose po...,
T f goods held in consignment sho...,
What are the cost flow assumptions 3
11
cards
New Chapter 7
Describe the components of the fr...,
What is the purpose of the sarban...,
What is the primary purpose of in...
15
cards
new chapter 8
What is a trade recieveable 1,
What is the definition of a note ...,
What is the definition of a accou...
10
cards
New Chapter 9
What are plant assets 1,
What are plant assets required to...,
What are capital expenditures vs ...
9
cards
Equations:
1 profitability ratios 1,
Gross profit 2,
Gross profit rate 3
7
cards
equations
Solvency ratios 1,
Debt to total assets ratio 2
2
cards
Equations
Liquidity ratios 1,
A working capital 2,
C accounts receivable turnover ra...
4
cards
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Accounting: 201
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