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

Decks in this class (24)

F2 - Accounting Changes and Error Corrections
Which of the following statements...,
Examples of changes in accounting...,
Lore co changed from the cash bas...
9  cards
F2 - Fair Value Measurements
How is nonfinancial assets measur...,
Level 1 input to valuation,
Level 2 input to valuation techni...
30  cards
F2 - Cash to Accrual
How is prepaid expense and expens...,
How is prepaid expense and expens...,
Prepaid expenses
5  cards
F6 - Not for Profit
Barter received volunteer service...,
Barter receives volunteer service...,
When do we recognized contributed...
29  cards
TBS F4 - Bonds
Stated interest rate market rate,
When they say bond proceeds were ...,
Prepair a je for premium entry to...
3  cards
F4 - Payables and Accrued Liabilities
The calendar year company is clos...,
Rule employees compensation for f...,
Gross method je we take discount ...
17  cards
TBS F4 - ARO
How do you calculate the asset re...,
Je for unrecorded liability arc aro,
How do you calculate the accretio...
3  cards
F4 - Contingencies and Commitments
What amount of liability should a...,
Which of the following methods sh...,
What is the underlying concept go...
7  cards
F2 - Ratios
Times interest earned is calculat...,
Net profit margin,
Return on assets
9  cards
F3 - PP&E Cost Basis
Costs of plant buildings,
Costs of equipment expenditures r...,
Cost of land
6  cards
F3 - Intangibles
Grayson co incurred significant c...,
Grayson co incurred significant c...,
Which of the following statements...
3  cards
TBS F6 - Not for Profit
Pledges are revenues with or with...,
In tbs when asking for a pledge a...,
In tbs with memo in the sentence ...
17  cards
F5 - Income Taxes
Pre tax financial income200 000ex...
1  cards
F1 - Income Statement/BS
Selling expenses anything you use...,
General admin expenses office work,
How is freight in capitilized
18  cards
F2 - Adjusting Journal Entries
Sampson manufacturing company smc...,
On january 1 metal industries inc...
2  cards
F3 - Trade Receivables
Allowance method is,
Percentage of receivables method,
Foster co adjusted its allowance ...
4  cards
F3 - Inventory (lifo/fifo)
Under all lifo methods in a perio...,
Under fifo in rising prices,
Reporting cogs regarding inventor...
7  cards
F1 - StockHolder Equity
Stock issued above par value,
Stock issued at par value,
Stock issued below par value
73  cards
F1 - EPS
The senior accountant for carlton...,
Simple capital structure,
In determining earnings per share...
18  cards
F2 - Rev Recognition
When service contracts are sold w...
1  cards
F2 - Financial Statements Notes
# *
1  cards
F4 - Bonds (Andrew)
Use excel for the bonds but use t...,
For the cash column remember its ...,
For the int column remember its c...
11  cards
F5 - Equity Method
When isgnificant influence is acq...
1  cards
F6 - NFP
All expenses of nfp organization ...
1  cards

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FAR - 2024

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