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Intermediate accounting 1

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

By: john dukes
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Decks in this class (10)

Ch 1
What are ways to improve financia...,
What are essential characteristic...,
Define financial accounting
72  cards
CH 2
Define conceptual framework,
What does a soundly developed con...,
What are four concepts of guidanc...
62  cards
CH 7
What is the most liquid asset,
Define current assets,
What is the order of the current ...
40  cards
CH 3
Define accounting information system,
Define event,
Define transaction
20  cards
CH 4
Define income statement,
What do income statements determi...,
What types of information are hel...
55  cards
CH 5
Define balance sheet,
How is balance sheet useful,
Define liquidity
49  cards
CH 6
Define time value of money,
Why is timing an important featur...,
What are fmv based on
12  cards
CH 8
Define perpetual system,
What are common features to perpe...,
Define periodic system
50  cards
CH 9
When does a company abandon histo...,
When a company abandons historica...,
The term market refers to
56  cards
CH 10
What are major characteristics of...,
What is valuation of property pla...,
What is valuation of land to acqu...
37  cards

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Intermediate accounting 1

  • Class purpose General learning

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