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Class Notes for Accounting at Wayne State University

ACC 3010 Lecture Notes - Lecture 4: Retained Earnings, Deferral, Accrual

Chapter 4 Accrual Accounting Concepts: Accrual Basis: Revenues recognized when earned Expenses recognized when incurred Principles related to adjusting entries: Adjusting entries: Prepa...

Accounting
ACC 3010
Holmes, Terry
ACC 3010 Lecture Notes - Lecture 3: Trial Balance, Financial Statement, Accounting Equation

Chapter 3 The accounting information system: System for: collecting and processing transaction data and communicating financial information to decision-makers Which of the following events is recorded ...

Accounting
ACC 3010
Holmes, Terry
ACC 3010 Lecture Notes - Lecture 1: Financial Statement, Net Income, Cash Flow

Chapter 1 Accounting is the language of business The information system that: - Measures business activity - Processes the data into reports - Communicates the results to decision makers - Presents...

Accounting
ACC 3010
Holmes, Terry
ACC 3010 Lecture Notes - Lecture 2: Common Stock, Financial Statement, Current Liability

Chapter 2 Types of Assets: Current Assets - Assets that a company expects to convert to cash or use up within one year or the operating cycle, whichever is longer. - Operating cycle is the average tim...

Accounting
ACC 3010
Holmes, Terry
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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