Get 2 days of unlimited access
at Florida International University

Textbook Notes for Accounting at Florida International University (FIU)

  • 6 Result
  • About FIU

FIUACG 2021FrawleySpring

ACG 2021 Chapter Notes - Chapter 3: Trial Balance, Income Statement, Accounts Payable

OC11492836 Page
2
Explain how accrual accounting differs from cash-basis accounting: accounting can be based either on the accrual basis, or the cash basis, accrual acco
View Document
FIUACG 2021FrawleySpring

ACG 2021 Chapter Notes - Chapter 1: Financial Statement, Limited Liability, Retained Earnings

OC114928313 Page
1
The core of financial accounting revolves around the basic financial statements: Income statements (statement of operations: statement of retained earn
View Document
FIUACG 2021FrawleySpring

ACG 2021 Chapter Notes - Chapter 4: Identity Theft, Barcode, Cash Cash

OC11492836 Page
1
Intentional misrepresentation of facts or negligence: fraud. Increased with commerce expansion because of the internet. Studies have shown that the per
View Document
FIUACG 2021FrawleySpring

ACG 2021 Chapter Notes - Chapter 2: Balance Sheet, Deferral, Trial Balance

OC11492834 Page
2
Economic resource that provide a future benefit for a business. Cash money and any medium of exchange including bank account balances, paper currency,
View Document
FIUACG 2021FrawleySpring

ACG 2021 Chapter 5: Short term investment and receivable

OC11492836 Page
0
Short-term investments and receivables: companies invest in debt or equity securities for at least 2 reasons: Strategic reasons like obtaining the abil
View Document
FIUACG 2021FrawleySpring

ACG 2021 Chapter 6: Inventory and cost of goods sold

OC11492835 Page
0
Inventory and cost of goods sold: obviously to sell goods we must have first purchased inventory to sell later. Purchasing that inventory gives us lega
View Document
Showing 1 — 6 of 6 result

Textbook Notes (270,000)
US (100,000)
FIU (100)
ACG (6)