Double Jeopardy… November 27, 2001 Today’s Categories… Financial Statements Inventories Long Term Assets Marketable Securities Revenue Expenses Financ’l Statmts Inven-tories LT Assets Mktble Security Revenue Expenses $ 200 $ 200 $ 200 $ 200 $ 200 $ 200 $ 400 $ 400By Thomas
Chapter 05. Accounting for Merchandising Operations. Service organizations sell time to earn revenue. Examples: Accounting firms, law firms and plumbing services. Service Companies. C 1. Merchandiser. C 1. Merchandising Companies. Manufacturer. Wholesaler. Retailer. Consumers.By baylee
Principles of Financial Accounting. Chapter 2. GAAP . Relevance Predictive value Feedback value Must be timely Reliability Verifiable Faithful Representation Neutral (free of bias). GAAP (cont). Comparability Comparing different companies ConsistencyBy manoush
Chapter 12. Statement of Cash Flows. Operations Cash received and paid for day-to-day activities with customers, suppliers, and employees. Business Activities and Cash Flows. The Statement of Cash Flows focuses attention on:.By sabine
Chapter 12. Statement of Cash Flows. Operations Cash received and paid for day-to-day activities with customers, suppliers, and employees. Business Activities and Cash Flows. The Statement of Cash Flows focuses attention on: .By zeki
Cash. Group 5 Cayabyab Gumpal Gorospe Jimenez Samson. Nature and Definition. Layman’s term – ready money, or its equivalent paid for goods or services at the time of purchase of delivery.By oliver
Chapter 2: Reporting Investing and Financing Results on the Balance Sheet Learning Objective 1. Identify financial effects of common financing and investing activities. 2- 1. Building a Balance Sheet. Assets. resources presently owned by a business that generate future economic benefit. =.By dudley
Exam Prep. FMGT 1100 Accounting Level 1. Format. Multiple Choice (~50% of exam) Short answers (~50% of exam). How to practice multiple choice questions:.By saki
Understanding Financial Statements. Users of Financial Information. Internal Users Managers plan, organize and run a business. Primary users. Users of Financial Information. External Users Investors Creditors Others Taxing authorities Regulatory agencies CustomersBy chaela
Chapter 2: Financial Statements and the Annual Report. Primary Objective of Financial Reporting: -to provide economic information to the users of financial statements, to permit the users to make informed decisions. Secondary Objectives:By kato
Accounting Information System. Major Accounting Bodies. American Institute of Certified Public Accountants Financial Accounting Standards Board Government Accounting Standards Board Securities and Exchange Commission. Ethics. The process that individuals use. Ethics.By kosey
Completing the Accounting Cycle. Chapter 4. Learning Objectives. Describe the flow of accounting information from the unadjusted trial balance into the adjusted trial balance and financial statements. Prepare financial statements from adjusted account balances. Prepare closing entries.By royce
Review from Yesterday. Work Sheet is an informal business paper used to organize and plan the information for the financial Introduced to 6 column work sheet (next chapter we will move onto 8 column work sheet which includes adjustments)By ardara
Chapter 4, Problem8 P4-8, p.214. Group 6 Chelsea Underhill Danielle Fuentes Erick Valencia Kartik Patel Steven Tuazon. Problem 1. December 31, 2007 Adjusting Entries:. Problem 2.By wesley-stout
Group 7 AP 4-7 (page 219). Heather Broadwell Jimmy Ha Linda Yin William Quan Brittany Spangler. Austin Co. Unadjusted Trial Balance As of the end of the annual accounting period, December 31, 2007. #1 Record the 2007 adjusting entries. A)Depreciation expense for 2007, $3,000By carter-fernandez
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AMP 415 Grand Canyon Week 1 Complete Work
Grand Canyon AMP 415 Module 1 Discussion 1
Identify one account that would typically be found on a balance sheet, and one account that would typically be found on an income statement, and define them. Cite any references used, and do not identify accounts that have already been chosen by any of your classmates. Participate in follow-up discussion by reviewing your classmates’ posts and adding to their definitions of terms, or by responding to follow-up questions posed by your instructor.
Grand Canyon AMP 415 Module 1 Discussion 2
Choose one of the assumptions, principles, constraints, primary characteristics, secondary characteristics, or elements of accounting as found in the conceptual framework of accounting. Explain the concept in your own words and describe a business situation in which the concept could be applied. Do not choose a concept previously chosen by one of your classmates.
URL= http://www.tutorialsexperts.us/product/amp-415-grand-canyon-week-1-complete-work/\n\nContact Us\n\nHELP@TUTORIALSEXPERTS.US\n\nAMP 415 Grand Canyon Week 1 Complete Work\nAMP415\nGrand Canyon AMP 415 Module 1 Discussion 1\nIdentify one account that would typically be found on a balance sheet, and one account that would typically be found on an income statement, and define them. Cite any references used, and do not identify accounts that have already been chosen by any of your classmates. Participate in follow-up discussion by reviewing your classmatesâ€™ posts and adding to their definitions of terms, or by responding to follow-up questions posed by your instructor.\nBy tutorialsexpertsus
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