This class was created by Brainscape user Anna Lee.

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Decks in this class (15)

Ch 1 Accounting in Action
Account 1,
Accounting 2,
Accounting equation 3
57  cards
Ch 2 The Recording Process
Account 1,
Accounting cycle 2,
Chart of accounts 3
17  cards
Ch 3 Adjusting the Accounts
Accrual basis accounting 1,
Accrued expenses 2,
Accrued revenues 3
17  cards
Ch 4 Completion of the Accounting Cycle
Acid test ratio 1,
Classified balance sheet 2,
Closing entires 3
23  cards
Ch 5 Accounting for Merchandising Operations
Contra revenue account 1,
Control account 2,
Cost of goods available for sale 3
30  cards
Ch 9 Long-Lived Assets
Additions and improvements 1,
Amortizable amount 2,
Amortization 3
38  cards
Ch 10 Current Liabilities and Payroll
Accounts payable 1,
Canada pension plan cpp 2,
Collateral 3
22  cards
Ch 11 Financial Reporting Concepts
Accrual basis of accounting 1,
Comparability 2,
Complete 3
31  cards
Ch 12 Accounting for Partnerships
Admission by investment 1,
Admission of a new partner by pur...,
Capital deficiency 3
16  cards
Ch 13 Introduction to Corporations
Authorized shares 1,
Cash dividends 2,
Common shares 3
29  cards
Ch 14 Corporations: Additional Topics & IFRS
Accumulated other comprehensive i...,
Basic earnings per share 2,
Change in an accounting estimate 3
26  cards
Ch 15 Non-Current Liabilities
Amortized cost 1,
Amortizing the discount 2,
Amortizing the premium 3
46  cards
Ch 16 Investments
Associate 1,
Consolidated financial statements 2,
Debt instruments 3
20  cards
Ch 17 The Cash Flow Statement
Cash flow statement 1,
Direct method 2,
Financing activities 3
7  cards
Ch 18 Financial Statement Analysis
Horizontal analysis 1,
Horizontal percentage change for ...,
Liquidity ratios 3
9  cards

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ACCT2211

  • Class purpose General learning

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