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Financial Accounting

Exam Study Guides for ACCT 2220

Covers all exam topics.

ACCT 2220 Study Guide - Final Guide: Deferral, Accounts Payable, Free Cash Flow
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find more resources at oneclass.com Chapter 13 Purpose of the Statement of Cash Flows •(elps users assess: –A company’s ability to generate cash –What the company did with the cash •This is useful in determining: –C...

Accounting
ACCT 2220
Adeel Mahmood
ACCT 2220 Study Guide - Final Guide: Accounts Payable, Accounting Equation, Retained Earnings
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find more resources at oneclass.com CHAPER 1 : THE PURPOSE AND USE OF FINANCIAL STATEMENTS Uses and Users of Accounting •Accounting identifies and records the economic events of an organization and communicates to ...

Accounting
ACCT 2220
Adeel Mahmood
ACCT 2220 Study Guide - Final Guide: Intangible Asset, Asset Turnover, Profit Margin
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find more resources at oneclass.com Chapter 9 Reporting and Analyzing Long-Lived Assets Property, Plant, and Equipment •Long-lived resources that –Are controlled by the company ...

Accounting
ACCT 2220
Adeel Mahmood
ACCT 2220 Study Guide - Final Guide: Gross Margin, Profit Margin, Income Statement
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find more resources at oneclass.com CHAPTER 5: MERCHANDISING OPERATIONS Differences Between Service and Merchandising Companies •Service companies perform services as their primary source of revenue •Merchandising co...

Accounting
ACCT 2220
Adeel Mahmood
ACCT 2220 Study Guide - Final Guide: Promissory Note, Operating Expense, Subledger
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find more resources at oneclass.com Chapter 8 Types of Receivables •Amounts due to a business from its customers or other entities expected to be collected in cash •Frequently classified as –Accounts receivable – am...

Accounting
ACCT 2220
Adeel Mahmood
ACCT 2220 Study Guide - Final Guide: Trial Balance, General Ledger, Accounting Equation
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find more resources at oneclass.com CHAPTER 3: THE ACCOUNTING INFORMATION SYSTEM Accounting Transactions -Accounting information system:  The system of collecting and processing transaction data and communica...

Accounting
ACCT 2220
Adeel Mahmood
ACCT 2220 Study Guide - Final Guide: Write-Off, Retained Earnings, Inventory Turnover
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find more resources at oneclass.com Chapter 6 Determining Inventory Quantities •Whether companies use a periodic or perpetual system, physical inventory must still be counted at the end of the period: –To che...

Accounting
ACCT 2220
Adeel Mahmood
ACCT 2220 Study Guide - Final Guide: Market Liquidity, Current Liability, General Ledger
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find more resources at oneclass.com CHAPTER 7 Internal Control •The related methods and measures adopted within a company to help it achieve: –Reliable financial reporting –Effective and efficient operations –Compli...

Accounting
ACCT 2220
Adeel Mahmood
ACCT 2220 Study Guide - Final Guide: Uptodate, Retained Earnings, Deferral
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find more resources at oneclass.com Chapter 4: Accrual Accounting Concepts Fiscal year – Yearly economic life period of the business Interim Periods – Shorter than a year economic life periods of a business Revenue ...

Accounting
ACCT 2220
Adeel Mahmood
ACCT 2220 Study Guide - Final Guide: Dividend Yield, Gross Margin, Free Cash Flow
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find more resources at oneclass.com CHAPTER 14 : PERFORMANCE MEASUREMENT Sustainable Income •The level of profit that is likely to be obtained in the future •Differs from actual profit due ...

Accounting
ACCT 2220
Adeel Mahmood
ACCT 2220 Study Guide - Final Guide: Faithful Representation, Historical Cost, Accounts Payable
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find more resources at oneclass.com CHAPTER 2: A FURTHER LOOK AT FINANCIAL 1) CLASSIFIED STATEMENT OF FINCANCIAL POSITION - Classified Statement of Financial Position generally contains the following standard classi...

Accounting
ACCT 2220
Adeel Mahmood
[ACCT 2220] - Final Exam Guide - Ultimate 85 pages long Study Guide!
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UofG ACCT 2220 FINAL EXAM STUDY GUIDE find more resources at oneclass.com IN Crowd Inc. Statement of Cash Flows Direct Method Year Ended Dec. 31, 2015 Cash Flows from Operating Activities Cash Collected from Customers 172 ...

Accounting
ACCT 2220
Adeel Mahmood
ACCT 2220 Study Guide - Final Guide: Bulk Density, Ultimate Tensile Strength, Friability
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Unit 5 Tilth refers to the physical condition of the soil in relation to plant growth  Depends not only on aggregate formation and stability but also on bulk density A major aspect of tilth is soil friability ...

Accounting
ACCT 2220
Adeel Mahmood
ACCT 2220 Study Guide - Final Guide: Non-Renewable Resource, Soil Fertility, Soil Management
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Unit 11 A renewable resource is regenerated over time and is part of a natural process of recycling. A non-renewable resource is one that once it is used, it is gone forever. Fossil fuels are the classic example of non-...

Accounting
ACCT 2220
Adeel Mahmood
ACCT 2220 Study Guide - Final Guide: Chernozem, Solonetz, Canadian System Of Soil Classification
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Unit 4 Properties that reflect soil genesis are favoured at the highest levels. The five taxa are:  Orders  Great Groups  Subgroups  Families  Series Regosolic Order These soils are t...

Accounting
ACCT 2220
Adeel Mahmood

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