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Class Notes for Accounting at McMaster University

ACC 925 Lecture Notes - Lecture 5: Net Income

Assignment Question 1 10,875 Assignment Problem 21 Paragraph 3(a) Employment income $120,000 Income from Property (1) ...

Accounting
ACC 925
Altaf Arain
ACC 925 Lecture Notes - Lecture 10: Deferral, Deferred Income, Accrual

Accounting Lecture The matching principle expenses are recognized when they have been used (incurred) What type of an account is unearned revenue? Liability Prepaid expense asset Prepayment is an example of an asset Defer...

Accounting
ACC 925
what
ACC 925 Lecture Notes - Lecture 4: Accrual, Retained Earnings

find more resources at oneclass.com Operating -create revenue -gains -losses Investing -relate to long-term assets Financing -relate to long-term liabilities and owners’ equity -The st...

Accounting
ACC 925
Emad Mohammad
ACC 925 Lecture Notes - Lecture 3: Accrual, Matching Principle, Deferral

find more resources at oneclass.com Adjustments and the conceptual Framework -adjustments are end of year journal entries to update account balances (only at the end of the year) -going-concern and periodicity dictate...

Accounting
ACC 925
Emad Mohammad
ACC 925 Lecture Notes - Lecture 2: Accounting Equation, Accrual, Income Statement

find more resources at oneclass.com Chapter 2 Objective: Give information to project future cash flows Fundamental Qualitative Characteristics -Relevant information -predictive value ...

Accounting
ACC 925
Emad Mohammad
ACC 925 Lecture Notes - Lecture 1: Retained Earnings, Income Statement, Pro Forma

find more resources at oneclass.com Chapter 1 Finical statements -pro forma accounting = total crap, you cannot choose what is in your finical statements External to Business (financial accounting) -investors -creditor...

Accounting
ACC 925
Emad Mohammad
ACC 925 Lecture Notes - Lecture 1: Elon Musk, Flipped Classroom, Human Capital

find more resources at oneclass.com Financial Accounting Lecture 1 7th September Dr. Mohammed Limitation of accounting: Will not tell you about future How much profit you will make next year Can’t measure in accou...

Accounting
ACC 925
Emad Mohammad
ACC 928 Lecture Notes - Lecture 2: Musicology, Cbmt-Dt, Health Promotion

Music Therapy Lecture 2 Why is music an effective tool in health care • History of Music & Medicine • Research supporting music and health care • Research & the brain • W...

Accounting
ACC 928
Aadil Merali Juma
ACC 928 Lecture Notes - Lecture 1: Amta, Down Syndrome, Music Therapy

Introduction to Music Therapy 2MT3 Quiz class 3 (class 1&2) 10% midterm class 6 30% quiz class 10 -20% Final exam-40% finnerr@mcmaster.ca office hour fourth floor 416 4-7 What is music therapy? M...

Accounting
ACC 928
Aadil Merali Juma
ACC 928 Lecture Notes - Lecture 2: Cost Estimate, Fixed Cost, Variable Cost

2AB3 – Accounting Lecture 2 Cost V.S expense you go buy a phone and it will last you for 3 years this will be Expense is what you incurred, and ...

Accounting
ACC 928
Aadil Merali Juma
CCE 570-928 Lecture 7: Social Psychology

Web Module 11: Forming Impressions Psych 1X03 November 17, 2014 Social Psychology Concepts: o Experiences of social events and interactions have taught people to quickly form impressions of others around them o Automatic j...

Accounting
ACC 928
All Professors
ACC 928 Lecture Notes - Lecture 47: Emergency Vehicle, Empirical Measure, Stroop Effect

Attention: Lecture 9 22:28 Attention Evident: crossing busy streets Definition: William James: “the taking possession by the mind in clear form, of o...

Accounting
ACC 928
All Professors
ACC 925 Lecture Notes - Lecture 2: Revenue Recognition, Matching Principle

Adjusting entry: Without an adjusting entry, income is overstated and liabilities are understated. In this case accounting information is not FAITHFULLY REPRESENTATIVE Revenue recognition principle -The earnings proce...

Accounting
ACC 925
Emad Mohammad
ACC 925 Lecture Notes - Lecture 2: Danielle Downey, Anoop Kumar, Kristy Moore

Tutorial Assignments for HLTH AGE 1BB3 Term 2 (Winter 2016): Please Note:  You have been assigned to either group A OR group B  Look for your name in the list for either group A or group B under the tutorial ...

Accounting
ACC 925
Emad Mohammad
ACC 925 Lecture Notes - Lecture 1: Baby Steps, Reinforcement

Dr. T’s MIDTERM EXAM DO’S AND DON’TS (FALL 2015) DO DON’T Set SMART goals by considering your course-relevant Set unrealistic go...

Accounting
ACC 925
Emad Mohammad
Permachart - Marketing Reference Guide: Statement Of Changes In Equity, Retained Earnings, Cash Cash

permacharts MT FINANCIAL STATEMENTS • Financial statements are documents that are BALANCE SHEET (B/S) STATEMENT OF RETAINED EARNINGS (SRE) ...

Accounting
ACTG 2010
All Professors
Accounting II - Reference Guides

Advance your knowledge with our advanced Accounting II! This companion Guide to Accounting I develops the reader’s understanding of balance sheets before moving into an effective summary of how assets are treated for accou...

Accounting
ACTG 2010
All Professors
Cost Accounting - Reference Guides

Specialized Accounting quick reference information in one handy place! This Guide provides specialized reference material that flows naturally from the contents of its companion Guides Accounting I and Accounting II. The t...

Accounting
ACTG 2010
All Professors

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