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Accounting

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

By: Stirling Hamilton
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Decks in this class (19)

Accounting - Types of Owners
What are the four types of owners...,
What is a sole proprietorship owner,
What are the advantages of a sole...
13  cards
Accounting - Starting a business
What are the three options when l...,
What are the advantages of starti...,
What are the disadvantages of sta...
9  cards
Accounting - Reasons for Success and Failure
What do successful small business...,
What qualities might a successful...,
Why do small businesses fail
4  cards
Accounting - Different Types of Investment Options
What are the two types of return ...,
What is meant by the term capital...,
What is meant by the term income ...
25  cards
Accounting - The Accounting Equation
What is the most prominent from o...,
What is another version of the ac...,
What is the equation with owner s...
3  cards
Accounting - Types of Accounting Reports
What are the three types of accou...,
What is a balance sheet,
What is a cash flow statement
4  cards
Accounting - Ethical Considerations
What is a definition for ethical ...,
What are some examples of ethical...,
Other ethical considerations include
4  cards
Accounting - Sources of Finance (Internal)
What is meant by internal finance,
What are examples of internal fin...,
What is capital contribution
5  cards
Accounting - Sources of Finance (External)
What are external finances,
What are 4 examples of external f...,
What is trade credit
8  cards
Accounting - Revenue and Expenses
What is revenue,
What does revenue occur from,
What is an expense
6  cards
Accounting 2 - Price and Profit (5.1)
What is a minimum desired net profit,
Wha
2  cards
Accounting 2 - Pricing Methods (5.2)
What are the 6 strategies used to...,
What is recommended retail price,
Are rrp mandatory
11  cards
Accounting 2 - Quotes (5.3)
What are quotes,
Why are quotes necessary why not ...,
What are three things that a quot...
5  cards
Accounting 2 - Mark-up (5.4)
What is a mark up,
What is the formula for applying ...
2  cards
Accounting 2 - Cost-Volume-Profit Analysis (5.5)
A,
What is a cost volume profit anal...,
What is a break even point
15  cards
Accounting 2 - Liquidity and Stability
What is meant by the term liquidity,
What can measure liquidity well,
What is meant by stability
4  cards
Accounting 3 - The role of source documents
What are sources documents,
What are some types of sources do...,
What information must be shown on...
16  cards
Accounting 3 - Textbook Chapter 7
What are cash receipts,
What are cash payments,
What is bank balance
7  cards
Accounting Exam
What is the accounting entity ass...,
Why is it like this for small bus...,
What is verifiability mean
4  cards

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Accounting

  • Class purpose General learning

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Accounting
  • 30 decks
  • 864 flashcards
  • 12 learners
Decks: Exam 3, Chapter 2, Chapter 3, And more!
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