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Intermediate Account I

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

By: Julie Etheridge
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Decks in this class (10)

Chapter 2 - Conceptual Framework
What are the fundamental qualitie...,
What are the enhancing qualities ...,
What are the ingredients for fund...
31  cards
Chapter 3 - The Accounting Information System
Why do companies make adjusting e...,
What are the four different types...,
What is the adjusting entry for p...
13  cards
Chapter 4 - Income Statement and Related Information
What are the limitations of the i...,
What is earnings management,
The reporting of a discontinued o...
3  cards
Chapter 5 - Balance Sheet & Statement of Cash Flows
Why is the balance sheet useful,
When using the balance sheet to a...,
When using the balance sheet to a...
14  cards
Chapter 7 - Cash & Receivables
Define cash equivalents and provi...,
Define restricted cash and provid...,
What is the major difference betw...
11  cards
Chapter 8 - Valuation of Inventories
How does a perpetual inventory sy...,
How does a perpetual inventory sy...,
How does a perpetual inventory sy...
19  cards
Chapter 9 - Inventories: Additional Valuation Issues
In regards to the lcnrv rule what...,
How do you determine the designat...,
Under what conditions can compani...
5  cards
Chapter 10 - Acquisition and Disposition of PPE
What types of assets qualify for ...,
What types of assets do not quali...,
Define the capitalization period ...
27  cards
Chapter 11 - Intangible Assets
What are the characteristics of i...,
The amount of an intangible asset...,
A company does not amortize an in...
25  cards
Chapter 12 - Depreciation, Impairment, and Depletion
In regards to depreciation what i...,
How do you calculate the deprecia...,
How do you calculate the deprecia...
16  cards

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Intermediate Account I

  • Class purpose General learning

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