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Verified Documents at University of Ottawa

Browse the full collection of course materials, past exams, study guides and class notes for ADM 1340 - Financial Accounting at University of Ottawa verified by our community.
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PROFESSORS
All Professors
All semesters
Lamia Chourou
winter
7
spring
11
Qiu Chen
winter
24

Verified Documents for Lamia Chourou

Class Notes

Taken by our most diligent verified note takers in class covering the entire semester.
ADM 1340 Lecture 1: ADM1340 - Chapter 1 - Jan 8
Choice of ifrs, or aspe ( accounting standards for private enterprises) Obtaining and repaying funds to finance the operations of the business. The 2 p
138
ADM 1340 Lecture Notes - Lecture 1: Legal Personality, Financial Statement, International Financial Reporting Standards
Chapter 1: purpose and use of financial statements. Financial accounting: a system that identifies, records and communicates. Contains financial statem
234
ADM 1340 Lecture Notes - Lecture 2: Gross Profit, Income Statement, Net Income
Income statement: shows the operation performance of a company over a specific period of time. (monthly, quarterly, yearly, but typically the fiscal ye
651
ADM 1340 Lecture 2: ADM1340 - Chapter 2 - Jan 15
226
ADM 1340 Lecture Notes - Lecture 3: General Ledger, Trial Balance, Retained Earnings
Record journal entries in the general journal. At the end of the period (record in journal and post to ledger) Prepare an unadjusted trial balance to d
433
ADM 1340 Lecture 4: Chapter 4 (Qiu Chen)
Accrual basis: revenues are recognized when earned, expenses are recognized when incurred. Aspe: occurs when 3 conditions are met: performance of an ob
334
ADM 1340 Lecture 5: Chapter 5 (Qiu Chen)
Sales return: customers can return purchased goods according to the return policy. Sales allowance: when customers purchase damaged or defective goods,
533