Exams are coming!
Get ready with premium notes and study guides!

Textbook Notes for Accounting at University of Guelph (U OF G)



U OF GACCT 2230Alireza TalebiFall

ACCT 2230 Chapter Notes - Chapter 7: Step One, General Ledger, Income Statement

OC8658186 Page
17 Oct 2016
18
Chapter 7: activity-based costing a tool to aid decision making. In abc activity: any event that causes the consumption of overhead resources activity
View Document
U OF GACCT 1220Adeel MahmoodWinter

ACCT 1220 Chapter Notes - Chapter 1-4: Cash Flow Statement, Retained Earnings, Accounts Payable

OC120366219 Page
3 Apr 2017
0
Financial statements: are the reports that companies use to convey the financial results of their business activities to various user groups, which can
View Document
U OF GACCT 2230Alireza TalebiFall

ACCT 2230 Chapter Notes - Chapter 4: Income Statement, Operating Leverage, Break Even

OC8658185 Page
13 Oct 2016
18
Cost-volume-pro t (cvp): helped managers understand the relationships among cost, volume, and pro t. Focuses on how pro ts are affected by : prices of
View Document
U OF GACCT 1220Louise HayesWinter

ACCT 1220 Chapter Notes - Chapter 8: Subledger, General Ledger, Debits And Credits

OC15354838 Page
6 Mar 2017
10
The term receivables refers to amounts that are due to a business from its customers or other entities. Receivables are frequently classified as (1) ac
View Document
U OF GACCT 2230Alireza TalebiFall

ACCT 2230 Chapter Notes - Chapter 8: Total Absorption Costing, Income Statement, Earnings Before Interest And Taxes

OC8658183 Page
9 Nov 2016
9
Absorption costing: absorption costing treats all manufacturing costs as product costs (whether xed or variable) Unit product cost = direct material +
View Document
U OF GACCT 2230Alireza TalebiFall

ACCT 2230 Chapter Notes - Chapter 3: Fixed Cost, Income Statement, Root Mean Square

OC8658184 Page
13 Oct 2016
14
Variable costs: total dollar amount changes in proportion to activity level, per unit bases remains constant. Activity base: a measure of whatever caus
View Document
U OF GACCT 2230Alireza TalebiFall

ACCT 2230 Chapter Notes - Chapter 5: Total Absorption Costing, Finished Good

OC8658185 Page
15 Oct 2016
14
Chapter 5: system design - job order costing. Job-order costing: a costing system used in situations where many different products, jobs, or services a
View Document
U OF GACCT 1220Adeel MahmoodWinter

ACCT 1220 Chapter Notes - Chapter 1-8: Accounts Payable, Retained Earnings, Gross Profit

OC12036627 Page
3 Apr 2017
0
Statement of financial position (balance sheet) **assets = liabilities + equity. Current assets (cash, supplies, accounts receivable, anything that"s v
View Document
U OF GACCT 2230Alireza TalebiFall

ACCT 2230 Chapter 12: ACCT Chapter 12

OC8658184 Page
3 Dec 2016
16
View Document
U OF GACCT 2230Alireza TalebiFall

ACCT 2230 Chapter 10: ACCT Chapter 10

OC8658186 Page
22 Nov 2016
6
Management by exception: a system of management in which standards are set for various operating activities that are then periodically compared to actu
View Document
U OF GACCT 1220Louise HayesWinter

ACCT 1220 Chapter 7: Reporting and Managing Cash

OC15354837 Page
27 Feb 2017
7
Cash is the lifeblood of any company. Companies big and small, even companies that are successful in every other aspect can go bankrupt if they fail to
View Document
U OF GACCT 2230Alireza TalebiFall

ACCT 2230 Chapter Notes - Chapter 13: Net Present Value, Current Liability, Investment

OC8658184 Page
3 Dec 2016
12
Capital budgeting: the process of planning signi cant outlays on projects that have long-term implications, such as purchasing new equipment or introdu
View Document
View all courses (10+)
View all professors (30+)

Textbook Notes (280,000)
CA (170,000)
U of G (10,000)
ACCT (200)