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All Educational Materials for COMMERCE 1AA3 at McMaster University

MCMASTERCOMMERCE 1AA3Aadil Merali JumaFall

COMMERCE 1AA3 Study Guide - Comprehensive Final Guide: Cash Flow Statement, Deferral, Non-Sufficient Funds

41 Page
28 Nov 2016
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MCMASTERCOMMERCE 1AA3Emad MohammadFall

COMMERCE 1AA3 Study Guide - Comprehensive Final Guide: Cash Flow Statement, Cash Cash, Accounts Payable

48 Page
28 Nov 2016
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MCMASTERCOMMERCE 1AA3Emad MohammadFall

[COMMERCE 1AA3] - Final Exam Guide - Comprehensive Notes for the exam (23 pages long!)

23 Page
1 Dec 2016
Accounting 1aa3 mid-term (hit ctrl and click to use buttons) Base objective of an accountant: identify and measure activities of a business entity in o
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MCMASTERCOMMERCE 1AA3Emad MohammadFall

[COMMERCE 1AA3] - Final Exam Guide - Comprehensive Notes for the exam (124 pages long!)

124 Page
28 Nov 2016
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MCMASTERCOMMERCE 1AA3Emad MohammadFall

COMMERCE 1AA3 Study Guide - Comprehensive Midterm Guide: 2 On, Faithful Representation, A Question Of Balance

22 Page
5 Oct 2016
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MCMASTERCOMMERCE 1AA3Aadil Merali JumaFall

COMMERCE 1AA3 Study Guide - Comprehensive Midterm Guide: Gross Profit, Sept, Cash Flow

24 Page
5 Oct 2016
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MCMASTERCOMMERCE 1AA3Aadil Merali JumaWinter

[COMMERCE 1AA3] - Midterm Exam Guide - Ultimate 15 pages long Study Guide!

15 Page
6 Feb 2017
Financial statements- are the business documents that companies use to report the result of their activities to various user groups. The system of acco
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MCMASTERCOMMERCE 1AA3Aadil Merali JumaFall

COMMERCE 1AA3 Study Guide - Final Guide: Gross Profit, Debt Ratio, Current Liability

5 Page
12 Dec 2016
Adjustments: adjustments are end-of-year journal entries to update account balances. Adjusting entries are needed to bring the books up to date for tra
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MCMASTERCOMMERCE 1AA3Emad MohammadFall

COMMERCE 1AA3 Study Guide - Final Guide: Debits And Credits, Gross Profit, Cash Cash

32 Page
22 Apr 2016
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MCMASTERCOMMERCE 1AA3Teal Mc Ateer Mc Master University C O M M E R C E1 A A3Fall

COMMERCE 2BA3 Final: Culture and Socialization.docx

3 Page
22 Apr 2015
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MCMASTERCOMMERCE 1AA3Emad MohammadFall

COMMERCE 1AA3 Study Guide - Quiz Guide: Interest Expense, Deferral, Promissory Note

3 Page
11 Jan 2019
Suppose donald"s ltd. holds a loan receivable from a client. At the end of may, $ 125 of interest revenue has been earned but not received. Prepare the
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MCMASTERCOMMERCE 1AA3Emad MohammadFall

COMMERCE 1AA3 Study Guide - Quiz Guide: Cash Flow

2 Page
11 Jan 2019
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MCMASTERCOMMERCE 1AA3AllFall

COMMERCE 1AA3 Study Guide - Final Guide: Intangible Asset, Brewery, Pencil

26 Page
24 Oct 2018
This examination paper comprises 20 pages (including cover page), 15 true/false questions, and 45 multiple-choice questions, each worth 0. 90 points to
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MCMASTERCOMMERCE 1AA3AllFall

COMMERCE 1AA3 Study Guide - Midterm Guide: Income Statement, Interest Expense, 1 Point Player

22 Page
24 Oct 2018
This examination paper comprises 19 pages (including cover page), 15 true/false questions, 1. 0 point each, 40 multiple-choice questions, 1. 30 points
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MCMASTERCOMMERCE 1AA3AllFall

COMMERCE 1AA3 Study Guide - Midterm Guide: Matching Principle, Retained Earnings, The May Department Stores Company

22 Page
24 Oct 2018
This examination paper comprises 20 pages (including cover page), 10 true/false questions, 1. 0 point each, 25 multiple-choice questions, 2 points each
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MCMASTERCOMMERCE 1AA3AllFall

COMMERCE 1AA3 Study Guide - Final Guide: Net Income, The May Department Stores Company, Operating Expense

23 Page
24 Oct 2018
This examination paper comprises 15 pages (including cover page), 60 multiple-choice questions, each worth 0. 9 points totalling 54 points, and 3 probl
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MCMASTERCOMMERCE 1AA3AllFall

COMMERCE 1AA3 Study Guide - Quiz Guide: Cash Flow Statement, Accrual, Retained Earnings

3 Page
24 Oct 2018
Question 1: briefly explain the difference between the cash basis of accounting and the accrual basis of accounting. The cash basis of accounting recog
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MCMASTERCOMMERCE 1AA3AllFall

COMMERCE 1AA3 Study Guide - Final Guide: Brewery, No Entry, Capital Asset

21 Page
24 Oct 2018
This examination paper comprises 21 pages (including cover page), 15 true/false questions each worth 1 point, 40 multiple-choice questions each worth 1
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MCMASTERCOMMERCE 1AA3AllFall

COMMERCE 1AA3 Study Guide - Midterm Guide: Moving Average, Accounts Receivable, Matching Principle

17 Page
24 Oct 2018
This examination paper comprises 19 pages (including cover page), 20 true/false questions, 1. 0 point each, 25 multiple-choice questions, 1. 60 points
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MCMASTERCOMMERCE 1AA3AllFall

COMMERCE 1AA3 Study Guide - Final Guide: Accounts Payable, Promissory Note, Current Liability

17 Page
24 Oct 2018
Date: a change in estimate should result in restatement of prior period statements. D) less than book value: driesell corp. has been in existence sever
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MCMASTERCOMMERCE 1AA3Aadil Merali JumaFall

COMMERCE 1AA3 Lecture Notes - Lecture 2: Cash Flow, The Royal And Ancient Golf Club Of St Andrews, Net Income

19 Page
13 Dec 2017
Properties of inventory (+ 3 types) : owned by the business, ready for resale, raw materials, work in process, finished goods. Inventory and cogs only
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MCMASTERCOMMERCE 1AA3Aadil Merali JumaWinter

COMMERCE 1AA3 Lecture Notes - Lecture 2: The Ledger, Accounting Equation, Gross Profit

5 Page
11 Jan 2017
The objective of financial reporting to provide useful economic information to external users for decision making and for assessing future cash flow. F
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MCMASTERCOMMERCE 1AA3Aadil Merali JumaFall

COMMERCE 1AA3 Lecture Notes - Lecture 2: Product Recall, Net Income, Income Statement

2 Page
6 Mar 2017
Attempting the practice quiz a and b from myaccountinglab. Finish reading chapters 1 and 2 by monday. You need to know the order of statements: Income
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MCMASTERCOMMERCE 1AA3Emad Mohammad

COMMERCE 1AA3 Lecture Notes - Lecture 1: Cash Flow Statement, Financial Statement, Retained Earnings

8 Page
14 Apr 2018
Accounting - an information system that measures business activities, processes data into reports, and reports results to decision makers. Financial st
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MCMASTERCOMMERCE 1AA3Firat SayinSpring

COMMERCE 1AA3 Lecture Notes - Lecture 2: Net Income, Income Statement, Railways Act 1921

8 Page
18 May 2016
A (cid:396)e(cid:272)o(cid:396)d of ea(cid:272)h assets, lia(cid:271)ilities of o(cid:449)(cid:374)e(cid:396)s" e(cid:395)uit(cid:455: basic summary de
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MCMASTERCOMMERCE 1AA3Aadil Merali JumaFall

COMMERCE 1AA3 Lecture Notes - Lecture 19: Weighted Arithmetic Mean

4 Page
6 Mar 2017
With large and expensive inventory items. it is easy to track the cost of each individual item. It is expensive to track individual items, but it is do
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MCMASTERCOMMERCE 1AA3Firat SayinSpring

COMMERCE 1AA3 Lecture Notes - Lecture 1: Accounts Payable, Net Income, Income Statement

8 Page
18 May 2016
Reporting results of activities to user groups: business documents used by companies. Provides info for external users: e. g. Provides info for interna
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MCMASTERCOMMERCE 1AA3Emad MohammadFall

COMMERCE 1AA3 Lecture 4: Chapter 5 - Lecture 4

4 Page
9 Dec 2017
Example question (slide 40): abc inc. began 2006 with ,000 of inventory. The cost of beginning inventory (bi) is composed of 8,000 units purchased for.
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MCMASTERCOMMERCE 1AA3Aadil Merali JumaFall

COMMERCE 1AA3 Lecture 33: Class 33

2 Page
10 Mar 2017
Fair market value is assigned to the stock dividend shares. A stock dividend has no effect on the nancial statements. It makes equity (common shares) g
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MCMASTERCOMMERCE 1AA3Aadil Merali JumaWinter

COMMERCE 1AA3 Lecture Notes - Lecture 1: Common Stock, Nonprofit Organization, Issued Shares

5 Page
9 Jan 2017
Financial statements- are the business documents that companies use to report the result of their activities to various user groups. The system of acco
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MCMASTERCOMMERCE 1AA3Aadil Merali JumaFall

COMMERCE 1AA3 Chapter Notes - Chapter 1: International Financial Reporting Standards, International Accounting Standards Board, Relate

6 Page
19 Apr 2018
Objective 1 : explain why accounting is the language of business: accounting info. System that measures business activities, processes data into report
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MCMASTERCOMMERCE 1AA3Aadil Merali JumaFall

COMMERCE 1AA3 Chapter Notes - Chapter 10: Cash Flow, Net Income, Accrual

15 Page
11 Feb 2019
Income statement: reports a company"s revenues, expenses, and net income but because it is prepared on an accrual basis, it provides limited informatio
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MCMASTERCOMMERCE 1AA3Emad MohammadFall

COMMERCE 1AA3 Chapter Notes - Chapter 9: Contingent Liability, Harmonized Sales Tax, Accrual

12 Page
28 Nov 2016
Learning objective one: explain and account for current liabilities. Current liabilities are obligations due within one year, or within the company"s n
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MCMASTERCOMMERCE 1AA3MeraliFall

COMMERCE 1AA3 Chapter 1: Chapter 1 notes.docx

4 Page
24 Feb 2015
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MCMASTERCOMMERCE 1AA3Aadil Merali JumaFall

COMMERCE 1AA3 Chapter Notes - Chapter 2-3: Accrual, Canadian Dollar, Deferred Income

2 Page
30 Sep 2016
Separate entity: business is a separate entity. Matching: record expense in period in which it was incurred to generate revenue. Materiality: immateria
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MCMASTERCOMMERCE 1AA3Aadil Merali JumaFall

COMMERCE 1AA3 Chapter Notes - Chapter 9: Promissory Note, Current Liability, Interest Expense

4 Page
30 Nov 2016
Capital structure: mix of debt and equity. Debt cheaper but riskier, interest payments can force bankruptcy. Debt has advantage of financial leverage:
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MCMASTERCOMMERCE 1AA3Emad MohammadFall

COMMERCE 1AA3 Chapter Notes - Chapter 10: Canada Business Corporations Act, Chief Executive Officer, Bmo Nesbitt Burns

10 Page
30 Nov 2016
Learning objective one: explain the main features of a corporation. A corporation is a business entity formed under federal or provincial law. The fede
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MCMASTERCOMMERCE 1AA3Aadil Merali JumaFall

COMMERCE 1AA3 Chapter Notes - Chapter 6: Jale, Jato, Accorhotels

5 Page
23 Mar 2017
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MCMASTERCOMMERCE 1AA3Aadil Merali JumaFall

COMMERCE 1AA3 Chapter Notes - Chapter 5: Accounts Receivable, Income Statement

3 Page
11 Dec 2016
Monetary claims by others acquired mainly by: accounts receivables selling of goods and services, notes receivables lending of money. A down side is so
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MCMASTERCOMMERCE 1AA3Emad MohammadFall

COMMERCE 1AA3 Chapter Notes - Chapter 6: Inventory Turnover, Fifo (Computing And Electronics), Gross Margin

3 Page
9 Jul 2017
Perpetual inventory system: maintains a continuous record for each inventory item. Often used by a business that sells relatively fewer number of goods
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MCMASTERCOMMERCE 1AA3Emad MohammadFall

[COMMERCE 1AA3] - Final Exam Guide - Comprehensive Notes for the exam (23 pages long!)

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MCMASTERCOMMERCE 1AA3Aadil Merali JumaFall

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MCMASTERCOMMERCE 1AA3Emad MohammadFall

[COMMERCE 1AA3] - Final Exam Guide - Comprehensive Notes for the exam (124 pages long!)

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MCMASTERCOMMERCE 1AA3Emad MohammadFall

COMMERCE 1AA3 Study Guide - Comprehensive Final Guide: Cash Flow Statement, Cash Cash, Accounts Payable

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MCMASTERCOMMERCE 1AA3Emad MohammadFall

COMMERCE 1AA3 Study Guide - Comprehensive Midterm Guide: 2 On, Faithful Representation, A Question Of Balance

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MCMASTERCOMMERCE 1AA3Aadil Merali JumaFall

COMMERCE 1AA3 Study Guide - Comprehensive Midterm Guide: Gross Profit, Sept, Cash Flow

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MCMASTERCOMMERCE 1AA3Emad MohammadFall

COMMERCE 1AA3 Study Guide - Final Guide: Cash Flow Statement, Cash Flow, Retained Earnings

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MCMASTERCOMMERCE 1AA3A.MFall

COMMERCE 1AA3 Quiz: 1AA3 TB Notes

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10 Mar 2017
2014-09-09 5:22:00 pm: chapter 1, financial statements, income statement: the statement of profit or loss, measures a company"s operating performance f
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MCMASTERCOMMERCE 1AA3A.MFall

COMMERCE 1AA3 Final: Commerce 1AA3 Final Exam Review

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10 Mar 2017
Commerce 1aa3 final exam review: chapters 6, 7, 9 & 10. Chapter 6: inventory and cost of goods sold: objectives: covers accounting for inventory and co
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MCMASTERCOMMERCE 1AA3Aadil Merali JumaWinter

[COMMERCE 1AA3] - Midterm Exam Guide - Ultimate 15 pages long Study Guide!

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6 Feb 2017
Financial statements- are the business documents that companies use to report the result of their activities to various user groups. The system of acco
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