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Textbook Notes for Allan Foerster

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WLUBU387Allan FoersterFall

BU387 Chapter Notes - Chapter 1: Balance Sheet, International Accounting Standards Board, Integrated Reporting

OC2458035 Page
31 Oct 2015
35
Identification, measurement and communication of financial information about: economic entities to, transactions (impact on the business, there are man
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WLUBU387Allan FoersterFall

BU 387 Chapter 2: BU387 Chapter 2 Notes

OC2458038 Page
31 Oct 2015
34
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WLUBU387Allan FoersterFall

BU387 Chapter Notes - Chapter 6: Finished Good, Remittance, Consignor

OC2458037 Page
31 Oct 2015
14
Revenue recognition is difficult when we have multiple services: sales transactions often involve transfer of good, services or both (deliverables, acc
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WLUBU387Allan FoersterFall

BU387 Chapter Notes - Chapter 5: Weighted Arithmetic Mean, Deferral, Disclose

OC2458036 Page
31 Oct 2015
36
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WLUBU387Allan FoersterFall

BU387 Chapter Notes - Chapter 4: Current Asset, Intelius, Book Value

OC2458035 Page
31 Oct 2015
27
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WLUBU387Allan FoersterSummer

BU387 Chapter Notes - Chapter 12: Impaired Asset, Book Value, Serializability

OC5051075 Page
22 Aug 2018
0
Identifiable intangibles with similar characteristics should be grouped and reported together. Recognition and measurement at acquisition: recognize if
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WLUBU387Allan FoersterSummer

BU387 Chapter Notes - Chapter 10: Retained Earnings, Natural Resource, Impaired Asset

OC5051078 Page
22 Aug 2018
0
Characteristics of pp&e (1) held for use in the production of goods and services, for rental to others, or for administrative purposes. Recognition: as
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WLUBU387Allan FoersterFall

BU 387 Chapter 2A: BU387 Chapter 2A:3

OC2458036 Page
31 Oct 2015
24
Fair value measurements: when measuring fair value, consider the following, nature, condition and location of asset, valuation premise: generally value
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WLUBU387Allan FoersterSummer

BU387 Chapter Notes - Chapter 11: Market Capitalization, Capital Asset, Market Rate

OC5051075 Page
22 Aug 2018
0
Important to consider because depreciation allocates the expenses of the asset with the revenue that it helped gain this also ensures that they do not
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WLUBU387Allan FoersterSummer

BU387 Chapter Notes - Chapter 8: Weighted Arithmetic Mean, Perpetual Inventory, Subledger

OC5051079 Page
22 Aug 2018
0
Inventories also represent a future benefit, which the entity has control over or access to, and the inventory purchase is the transaction that gives r
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WLUBU387Allan FoersterSummer

BU387 Chapter Notes - Chapter 7: Promissory Note, Balance Sheet, Impaired Asset

OC5051079 Page
22 Aug 2018
0
Chapter 7 cash and receivables: companies should monitor accounts receivable levels carefully to, minimize the stress on working capital and related ba
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WLUBU387Allan FoersterSummer

BU387 Chapter Notes - Chapter 9: Expected Loss, Financial Statement, Income Statement

OC5051078 Page
22 Aug 2018
0
Kc firm purchases 1000 shares of abc at . 25 per share on march 8 2017. A 1. 5% commission is charged on the transaction. 2017 abc declares a sh. 10 di
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