ENV 1101 Study Guide - Final Guide: Cash Flow Statement, Retained Earnings, Cash Flow
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Remember page 4 of syllabus has what we don"t have to learn! For the final: all three types of depreciation. Be able to do the journal entry: cost-accumulated amortization = value. Journal entry for warranty: know what a bond is, know convertible bonds, know the other kind of bonds. Shareholders" equity: shareholders" rights, preferred shares and common shares and the differences, dividends, difference between authorized shared capital and issued shared capital. Authorized is how many they can distribute (ex: 100000) Issued: is how many are actually distributed: know the different kinds of dividends. When dividends are given, know the journal entries. Answer: common stock goes up and retained earnings goes down. Know about stock division (just the number of shares change, not the value) Chapter 12: know the three parts of the cash flow statement: Investing: first two items in the cash flow operations: