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Decks in this class (18)
Chapter 1 Terms
Account 1,
Accounting 2,
Accounting equation 3
57
cards
Account Normal Balances (CHT 5)
What is the type of account and n...,
What is the type of account and n...,
What is the type of account and n...
21
cards
Chapter 5 Terms
An account with the opposite bala...,
An agreement between two or more ...,
An approach to revenue recognitio...
38
cards
Chapter 6 Formulas
Inventory turnover ratio 1,
Days sales in inventory ratio 2,
Ending inventory and cogs are rep...
12
cards
7.1 Cash and Internal Control
What is cash 1,
What isn t cash 2,
What are cash equivalents 3
16
cards
7.2 Cash Control
Examples of eft transactions 1,
Good control of cheques 2,
Good control of electronic paymen...
8
cards
7.3 Petty Cash Fund
What is a petty cash fund 1,
What are the three steps in petty...,
Establishing the fund 3
10
cards
7.4 Bank Accounts
Bank reconciliation 1,
Bank deposits vs bank cheques 2,
What is a cheque and what are the...
18
cards
7.5 Reporting Cash
Companies report cash in 1,
Balance sheet vs cash flow statem...,
Cash vs restricted cash 3
10
cards
Chapter 4 Classified Balance Sheet
Current assets 1,
Non current assets 2,
Intangible assets 3
6
cards
Chapter 2 Terms
Account 1,
Accounting cycle 2,
Chart of accounts 3
17
cards
Chapter 3 Terms
Accrual basis accounting 1,
Accrued expenses 2,
Accrued revenues 3
17
cards
Chapter 4 Terms
Acid test ratio 1,
Classified balance sheet 2,
Closing entries 3
23
cards
Chapter 6 Terms
Consigned goods 1,
Days sales in inventory 2,
First in first out fifo cost form...
12
cards
Chapter 7 Terms
Bank overdraft 1,
Bank reconciliation 2,
Bank statement 3
21
cards
Chapter 8 Terms
Accounts receivable 1,
Aging schedule 2,
Allowance for doubtful accounts 3
18
cards
Chapter 9 Terms
Additions and improvements 1,
Amortizable amount 2,
Amortization 3
39
cards
Chapter 10 Terms
Accounts payable 1,
Breakage 2,
Canada pension plan cpp 3
23
cards
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Financial Accounting
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