TimTaiLieu.vn - Tài liệu, ebook, giáo trình, đồ án, luận văn

Liabilities – Question Devon Mfg. borrows $100,000 from First Bank. The loan will be repaid in 20 years and has an annual interest rate of 8%. Is this a current liability or a noncurrent liability? The obligation will not be paid within one year or one operating cycle, so it is a noncurrent liability.

47 trang | Chia sẻ: nguyenlinh90 | Ngày: 20/07/2019 | Lượt xem: 1107 | Lượt tải: 1

Accountable Events Acquisition. Allocation of the acquisition cost to expense over the asset’s useful life (depreciation). Sale or disposal.

55 trang | Chia sẻ: nguyenlinh90 | Ngày: 20/07/2019 | Lượt xem: 984 | Lượt tải: 1

Which Unit Did We Sell? When identical units of inventory have different unit costs, a question naturally arises as to which of these costs should be used in recording a sale of inventory.

64 trang | Chia sẻ: nguyenlinh90 | Ngày: 20/07/2019 | Lượt xem: 893 | Lượt tải: 1

How Much Cash Should a Business Have? Every business needs enough cash to pay its bills!

57 trang | Chia sẻ: nguyenlinh90 | Ngày: 20/07/2019 | Lượt xem: 947 | Lượt tải: 1

Wholesalers buy merchandise from several different manufacturers and then sell this merchandise to several retailers. Retailers sell merchandise directly to the public.

68 trang | Chia sẻ: nguyenlinh90 | Ngày: 20/07/2019 | Lượt xem: 1239 | Lượt tải: 1

Statement of Retained Earnings This statement summarizes the increases and decreases in Retained Earnings during the period.

22 trang | Chia sẻ: nguyenlinh90 | Ngày: 20/07/2019 | Lượt xem: 955 | Lượt tải: 1

At the end of the period, we need to make adjusting entries to get the accounts up to date for the financial statements.

41 trang | Chia sẻ: nguyenlinh90 | Ngày: 20/07/2019 | Lượt xem: 1274 | Lượt tải: 1

The Ledger Accounts are individual records showing increases and decreases. The entire group of accounts is kept together in an accounting record called a ledger.

43 trang | Chia sẻ: nguyenlinh90 | Ngày: 20/07/2019 | Lượt xem: 886 | Lượt tải: 1

Introduction to Financial Statements Companies prepare interim financial statements and annual financial statements.

39 trang | Chia sẻ: nguyenlinh90 | Ngày: 20/07/2019 | Lượt xem: 872 | Lượt tải: 1

Information Users Investors Creditors Managers Owners Customers Employees Regulatory agencies -SEC -IRS -EPA

20 trang | Chia sẻ: nguyenlinh90 | Ngày: 20/07/2019 | Lượt xem: 1127 | Lượt tải: 1