Sohyung Kim

Yun Ke

ACTG 1P91 Lecture Notes - Lecture 1: Sole Proprietorship, Information Asymmetry, Financial Statement

Municipal government ex; city of st catherines. Hospitals, universities, and so on: sole proprietorship (for profit) 2 or more owners: corporation (for

ACTG 1P91 Lecture Notes - Lecture 1: Sole Proprietorship

Chapter 1 - introduction: types of entity. Municipal government, ex) city of st. catharines. Sole proprietorship [s. p. ](one owner), ex) paul"s lawn c

ACTG 1P91 Lecture Notes - Lecture 1: Sole Proprietorship, Golden Goal, Double Taxation

There are 2 types of entities: a not-for-profit entity and a for-profit entity. Not-for-profit: the goal of this firm is not to make a profit rather it

ACTG 1P91 Lecture Notes - Lecture 2: Deferral, Current Liability, Share Capital

Assets: the resource that will provide future economic benefits. Current assets: benefits will be realized within one year. Cash: includes $ in checkin

ACTG 1P91 Lecture 3: Chapter 4: Adjustments, Financial Statements, and Financial Results

ACTG 1P91 Lecture 3: IMG_2219

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Fundamental concepts of financial accounting as related to the balance sheet, income statement and statement of cash flow. Problems of income determination, asset and equity measurements and analysis of financial statements.

Introduction to Financial Accounting

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