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Class Notes for ECON 25000 at University of Chicago (UCHICAGO)

CHICAGOECON 25000Bongeun ChoiSpring

ECON 25000 Lecture Notes - Lecture 4: Accounts Receivable, Historical Cost, Financial Statement

OC11443952 Page
27 Sep 2016
0
Balance sheet: presenting and analyzing resources and financing. Asset definition: an asset is a probable future economic benefit that a firm controls
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CHICAGOECON 25000Bongeun ChoiSpring

ECON 25000 Lecture Notes - Lecture 1: Conceptual Framework, Income Statement, Accounting Period

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27 Sep 2016
0
Provides information at a point in time on the firm"s productive resources and financing used to pay for those resources. Lists both the mount invested
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CHICAGOECON 25000Bongeun ChoiSpring

ECON 25000 Lecture Notes - Lecture 11: Capital Account, Retained Earnings, Employee Stock Option

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27 Sep 2016
1
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CHICAGOECON 25000Bongeun ChoiSpring

ECON 25000 Lecture Notes - Lecture 8: Amortization Schedule, Financial Instrument, Cash Flow

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27 Sep 2016
2
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CHICAGOECON 25000Bongeun ChoiSpring

ECON 25000 Lecture Notes - Lecture 7: Accelerated Depreciation

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27 Sep 2016
1
Treatment of expenditures as assets versus as expenses. Goodwill: fair value of assets that companies cannot separately identify. Firms recognize expen
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CHICAGOECON 25000Bongeun ChoiSpring

ECON 25000 Lecture Notes - Lecture 10: Transaction Cost, Income Statement

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27 Sep 2016
0
Measures the investment at acquisition cost for all periods unless that investment is impaired. Does not recognize gains and losses before the time of
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CHICAGOECON 25000Bongeun ChoiSpring

ECON 25000 Lecture Notes - Lecture 3: Net Income, Expense, Interest Expense

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27 Sep 2016
0
Revenues or sales: a measure of the assets received in exchange for goods sold and services rendered. Cost of goods sold: the cost of the products sold
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CHICAGOECON 25000Bongeun ChoiSpring

ECON 25000 Lecture Notes - Lecture 6: Debits And Credits, Accounts Receivable, Gross Margin

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27 Sep 2016
2
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CHICAGOECON 25000AllSpring

Chapter 1

OC3653826 Page
5 Dec 2014
11
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CHICAGOECON 25000Bongeun ChoiSpring

ECON 25000 Lecture Notes - Lecture 5: Accounts Receivable, Free Cash Flow, Income Statement

OC11443953 Page
27 Sep 2016
2
Net income for a particular period does not equal cash flow from operations: accrual basis of account can distort the level of income equal to cash flo
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CHICAGOECON 25000Bongeun ChoiSpring

ECON 25000 Lecture Notes - Lecture 2: Retained Earnings, Preferred Stock, Deferred Income

OC11443953 Page
27 Sep 2016
0
The basics of record keeping and financial statement preparation: balance sheet. Merchandise inventory: goods on hand purchased for resale. Convention
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CHICAGOECON 25000AllSpring

Chapter 2

OC3653827 Page
6 Dec 2014
13
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