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Financial Accounting Part 1

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

By: Ilari Häikiö
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Decks in this class (7)

Chapter 1: Intro to Financial Accounting
Financial statements,
Accounting,
Financial accounting
26  cards
Chapter 1: Financial Statements
4 types of financial statements,
Balance sheet reports three items,
Assets divided into two categories
12  cards
Chapter 2: Internal Control
General ledger,
Journal entries,
T accounts
14  cards
Chapter 3: Inventories
Inventories part of what balance ...,
Inventory formula balance sheet,
Cost of goods sold income statement
13  cards
Chapter 4: Fixed Assets
Ppe,
Cost of an asset,
Lump sum purchases
7  cards
SlimStuderen B: Analysis of Transactions
Transactions,
Every transaction has to be recor...,
Account
23  cards
Slim C: Accrual Accounting
Accrual accounting,
Cash accounting,
Time period concept
12  cards

More about
Financial Accounting Part 1

  • Class purpose General learning

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