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Class Notes for MGAB01H3 at University of Toronto Scarborough (UTSC)

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UTSCMGAB01H3H Levy-ShalevFall

MGAB01H3 Study Guide - Final Guide: Financial Statement, Financial Accounting, Accounting Period

OC240042722 Page
15 Dec 2018
0
Topic include: financial statements and business decision. Investing and financing decisions and the statement of financial. Position: operating decisi
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UTSCMGAB01H3H Levy-ShalevFall

MGAB01H3 Lecture Notes - Lecture 13: Gross Profit, Internal Control, Fixed Cost

OC24004273 Page
28 Nov 2018
0
Chapter7 reporting and interpreting cost of sales and inventory: hw5 and quiz need to submit before sunday night, final: friday,21th dec, 9-11, differe
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UTSCMGAB01H3H Levy-ShalevFall

MGAB01H3 Lecture Notes - Lecture 12: Internal Control, Working Capital, Weighted Arithmetic Mean

OC24004272 Page
21 Nov 2018
0
Inventory: the goals for company to sale to make cash. Too much inventory: limit cash, inventory is less flexible than cash. Too little inventory: no s
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UTSCMGAB01H3H Levy-ShalevFall

MGAB01H3 Lecture Notes - Lecture 11: Internal Control, Bank Reconciliation, Bank Statement

OC24004274 Page
14 Nov 2018
0
The time we should record debt expense: the same period of revenue. Two methods: indirect: aging of account receivable ( the number we figure out via t
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UTSCMGAB01H3H Levy-ShalevFall

MGAB01H3 Study Guide - Fall 2018, Comprehensive Midterm Notes -

OC24004275 Page
5 Nov 2018
0
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UTSCMGAB01H3H Levy-ShalevFall

MGAB01H3 Lecture Notes - Lecture 10: Accounts Receivable

OC24004272 Page
7 Nov 2018
0
The midterm distribution: top 25% - 79 above. Cash/sales discount: discount give to pay whole cash. Reason: make people actually pay money on time, the
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UTSCMGAB01H3H Levy-ShalevFall

MGAB01H3 Lecture 8: MGAB01 Week8 review of chapter4 and part of chapter 6

OC24004273 Page
24 Oct 2018
0
Any question about midterm pls emailing professor before next saturday. In midterm review, we don"t need to know multiple choice 14 and 15. Question is
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UTSCMGAB01H3H Levy-ShalevFall

MGAB01H3 Lecture Notes - Lecture 7: Retained Earnings, Deferral, Balance Sheet

OC24004273 Page
17 Oct 2018
0
Accrual: not pay/receive money yet, already received or provide goods or service. record at this period at next period. The order of closing entry: sta
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UTSCMGAB01H3H Levy-ShalevFall

MGAB01H3 Lecture Notes - Lecture 5: Accrual, Accounts Payable, Interest Expense

OC24004272 Page
18 Oct 2018
0
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UTSCMGAB01H3H Levy-ShalevFall

MGAB01H3 Lecture Notes - Lecture 4: Deferral, Trial Balance, Accrual

OC24004272 Page
10 Oct 2018
0
Mgab01 class4: the accounting cycle, phase1: during the accounting period(external) which we have learnt before, phase2: end of the accounting period(i
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UTSCMGAB01H3H Levy-ShalevFall

MGAB01H3 Lecture Notes - Lecture 3: Accrual, Matching Principle, Asset

OC24004272 Page
10 Oct 2018
0
Class outline: operating cycle, classified statement of earnings elements, accrual versus cash basis accounting, debit/credit framework, operating cycl
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UTSCMGAB01H3H Levy-ShalevFall

MGAB01H3 Lecture Notes - Lecture 2: Ontario Securities Commission, Historical Cost, Financial Statement

OC24004272 Page
9 Oct 2018
0
External user and decision maker needs the external financial reporting. Primary qualities: timely, predictive and has feedback values. Secondary quali
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UTSCMGAB01H3H Levy-ShalevFall

MGAB01H3 Lecture 1: Note-1 MGAB01H3 Lec30

OC24004273 Page
5 Sep 2018
0
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UTSCMGAB01H3Lisa HarveyFall

MGAB01H3- Final Exam Guide - Comprehensive Notes for the exam ( 50 pages long!)

OC53748850 Page
28 Mar 2018
0
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UTSCMGAB01H3Lisa HarveyFall

MGAB01H3 Study Guide - Final Guide: Financial Statement, Purch Group, Current Asset

OC53748816 Page
28 Feb 2018
0
Reporting and interpreting sales, revenue, receivables, and cash (parts i - iv) Reporting and interpreting cost of sales and inventory. Reporting and i
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UTSCMGAB01H3Lisa HarveyFall

MGAB01H3 Study Guide - Midterm Guide: Historical Cost, General Ledger, Interest Expense

OC53748832 Page
28 Feb 2018
0
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UTSCMGAB01H3H Levy-ShalevFall

MGAB01H3 Lecture Notes - Lecture 7: Retained Earnings, Deferral, Balance Sheet

OC24004273 Page
17 Oct 2018
0
Accrual: not pay/receive money yet, already received or provide goods or service. record at this period at next period. The order of closing entry: sta
View Document
UTSCMGAB01H3H Levy-ShalevFall

MGAB01H3 Lecture Notes - Lecture 5: Accrual, Accounts Payable, Interest Expense

OC24004272 Page
18 Oct 2018
0
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UTSCMGAB01H3H Levy-ShalevFall

MGAB01H3 Lecture 8: MGAB01 Week8 review of chapter4 and part of chapter 6

OC24004273 Page
24 Oct 2018
0
Any question about midterm pls emailing professor before next saturday. In midterm review, we don"t need to know multiple choice 14 and 15. Question is
View Document
UTSCMGAB01H3H Levy-ShalevFall

MGAB01H3 Lecture Notes - Lecture 11: Internal Control, Bank Reconciliation, Bank Statement

OC24004274 Page
14 Nov 2018
0
The time we should record debt expense: the same period of revenue. Two methods: indirect: aging of account receivable ( the number we figure out via t
View Document
UTSCMGAB01H3H Levy-ShalevFall

MGAB01H3 Lecture Notes - Lecture 10: Accounts Receivable

OC24004272 Page
7 Nov 2018
0
The midterm distribution: top 25% - 79 above. Cash/sales discount: discount give to pay whole cash. Reason: make people actually pay money on time, the
View Document
UTSCMGAB01H3H Levy-ShalevFall

MGAB01H3 Lecture Notes - Lecture 13: Gross Profit, Internal Control, Fixed Cost

OC24004273 Page
28 Nov 2018
0
Chapter7 reporting and interpreting cost of sales and inventory: hw5 and quiz need to submit before sunday night, final: friday,21th dec, 9-11, differe
View Document
UTSCMGAB01H3H Levy-ShalevFall

MGAB01H3 Lecture Notes - Lecture 12: Internal Control, Working Capital, Weighted Arithmetic Mean

OC24004272 Page
21 Nov 2018
0
Inventory: the goals for company to sale to make cash. Too much inventory: limit cash, inventory is less flexible than cash. Too little inventory: no s
View Document
UTSCMGAB01H3Liang ChenFall

MGAB01H3 Lecture Notes - Lecture 2: Earnings Before Interest And Taxes, Balance Sheet, Retained Earnings

OC5010563 Page
22 Mar 2016
74
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UTSCMGAB01H3Douglas KongFall

MGAB01H3 Lecture Notes - Lecture 1: Financial Analysis, Financial Statement, Ontario Securities Commission

OC5528164 Page
12 Sep 2015
114
The accounting system: accounting system, financial accounting reports periodic financial statements and related disclosures. Has all to do with report
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UTSCMGAB01H3George Quan FunFall

MGAB01H3 Lecture Notes - Lecture 1: Asset, Profit Margin, Current Liability

OC12166675 Page
9 Dec 2016
5
Net earnings + interest expense (net of tax)/ average total assets. = 0. 019 or 1. 9: net profit margin. Use: to measure the ability of the company to
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UTSCMGAB01H3Liang ChenFall

MGAB01H3 Lecture Notes - Lecture 2: Current Liability, Accounts Receivable, Income Tax

OC7329535 Page
9 Dec 2015
25
To provide information about the reporting entity"s financial performance (income statement) and financial position(balance sheet) that is useful to a
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UTSCMGAB01H3Julie Mc DonaldFall

MGAB01H3 Lecture Notes - Lecture 1: Income Statement, Financial Statement, Accounts Receivable

OC3271625 Page
10 Oct 2014
79
Francois arnaud is in the process of retiring and sold his business, le gateau au chocolat bakery, to. The purchase agreement included a provision that
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