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Textbook Notes for ACC 100 at Ryerson University


RYERSONACC 100Keith WhelanFall

ACC 100 Study Guide - Final Guide: Tertiary Sector Of The Economy, Secondary Sector Of The Economy, Primary Sector Of The Economy

OC53748819 Page
1 Dec 2015
272
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RYERSONACC 100Keith WhelanFall

ACC 100 Lecture Notes - Lecture 9: Financial Statement, Trend Analysis, Balance Sheet

OC5374882 Page
17 Nov 2015
91
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RYERSONACC 100Keith WhelanFall

ACC 100 Lecture Notes - Lecture 8: Current Liability, Canada Pension Plan, Unemployment Benefits

OC5374882 Page
10 Nov 2015
109
Used when goods or services are purchased on account from a supplier. Will be paid off within the upcoming 12 months. Good or service owed to a custome
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RYERSONACC 100Keith WhelanFall

ACC 100 Lecture Notes - Lecture 7: Financial Statement, Capital Asset, Fixed Asset

OC5374883 Page
3 Nov 2015
58
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RYERSONACC 100Keith WhelanFall

ACC 100 Lecture Notes - Lecture 6: Accounts Receivable, Current Liability, Financial Statement

OC5374882 Page
27 Oct 2015
83
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RYERSONACC 100Keith WhelanFall

ACC 100 Lecture Notes - Lecture 5: Cash Register, Market Price

OC5374882 Page
20 Oct 2015
83
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RYERSONACC 100Else GrechWinter

ACC 100 Chapter Notes - Chapter 1-6: Statement Of Changes In Equity, Retained Earnings, Current Asset

OC1057219 Page
21 Apr 2011
1199
All activities necessary to provide the members of an economic system with goods and service. The assumption that a single, identifiable unit must be a
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RYERSONACC 100Else GrechFall

ACC 100 Chapter Notes - Chapter Final: Canada Revenue Agency, Sole Proprietorship, Accounts Payable

OC244129 Page
22 Nov 2012
523
Organization: a collection of individuals pursuing the same goal or objective. Organized to earn an income(profit: sole proprietorship. Sole proprietor
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RYERSONACC 100Lior YitzhakyFall

ACC 100 Chapter Notes - Chapter 5: Income Statement, Perpetual Inventory, Current Asset

jkamakwa8 Page
13 Oct 2016
29
Merchandising businesses are businesses that both buy and sell inventory. They use multiple step income statements compared to businesses that provide
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RYERSONACC 100Else GrechFall

ACC 100 Chapter Notes - Chapter 7: Initial Public Offering, Retained Earnings, Stock Certificate

OC1056312 Page
16 Oct 2011
111
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RYERSONACC 100Alison BeavisFall

ACC 100 Chapter Notes - Chapter 6: Income Statement, Net Income, European Cooperation In Science And Technology

OC2176946 Page
16 Nov 2015
51
Goods sold: valuation is the major problem in accounting for inventories. Because of the additional complexities involved in the valuing the inventory
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RYERSONACC 100Maurizio Di MaioWinter

ACC 100 Chapter Notes - Chapter 7: Income Statement

Elizabeth Singh3 Page
21 Apr 2017
0
If the estimate is based on historical data and there is an economic slowdown in the following period. If a company"s revenues have increased, resultin
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RYERSONACC 100Donna ZathySpring

ACC 100 Chapter Notes - Chapter 1: Accounts Payable, Current Liability, Sole Proprietorship

OC10514596 Page
18 Jul 2016
30
Organized for a purpose other than to earn an income; serve society; accounting used is called fund accounting. Entity organized under the laws of the
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RYERSONACC 100Joel ShapiroWinter

ACC 100 Chapter 3: Using accounts in transaction analysis

Carrie Noonan5 Page
30 Jan 2017
8
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RYERSONACC 100Cheryl DysonFall

ACC 100 Chapter Notes - Chapter 2: Financial Statement, Income Statement, Double-Entry Bookkeeping System

OC6049052 Page
3 Jan 2016
44
Information is the end product of data processing. Once data has been categorized, analyzed, and formatted for presentation purposes it becomes informa
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RYERSONACC 100Joel ShapiroFall

ACC 100 Chapter Notes - Chapter 5: Perpetual Inventory, Accounts Payable, Gross Profit

OC11823553 Page
19 Dec 2016
8
Merchandising companies that sell directly to consumers are called retailers. Merchandising companies that sell to retailers are wholesalers. Merchandi
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RYERSONACC 100Lior YitzhakyFall

ACC 100 Chapter Notes - Chapter 9: Unemployment Benefits, Salary, Canada Pension Plan

jkamakwa6 Page
16 Nov 2016
11
A(cid:272)(cid:272)ou(cid:374)ts pa(cid:455)a(cid:271)le is a (cid:272)o(cid:373)(cid:373)o(cid:374)l(cid:455) used lia(cid:271)ilit(cid:455) a(cid:272
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RYERSONACC 100Maurizio Di MaioWinter

ACC 100 Chapter Notes - Chapter 2: Flowchart, Financial Statement, Accounting Equation

OC5070684 Page
10 Nov 2016
12
Businesses are involved in thousands of business activities every day. These activities, when recorded, result in financial data. The problem is that f
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