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Textbook Notes for Accountancy at University of Missouri - Columbia (MIZZOU)


MIZZOUACCTCY 2036Amy DeardeuffFall

ACCTCY 2036 Chapter Notes - Chapter 1: Fiscal Year, A Question Of Balance, Calendar Year

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Owner has all liability and puts business on individual tax return. More legalities - lawyer needs to draw up an agreement (more expensive) Owners are
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MIZZOUACCTCY 2036Amy DeardeuffFall

ACCTCY 2036 Chapter Notes - Chapter 6: Accounts Payable, Income Statement, Current Asset

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MIZZOUACCTCY 2037prestigiacomoSpring

ACCTCY 2037 Chapter 20: Chapter 20

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MIZZOUACCTCY 2037prestigiacomoSpring

ACCTCY 2037 Chapter Notes - Chapter 19: Net Present Value, Cash Flow, Compound Interest

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A capital expenditure proposal is acceptable to a company when its return on investment is greater than the cost to the company of providing the cash t
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MIZZOUACCTCY 2036Amy DeardeuffFall

ACCTCY 2036 Chapter Notes - Chapter 4: Trial Balance, Retained Earnings, Deferral

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MIZZOUACCTCY 2037prestigiacomoSpring

ACCTCY 2037 Chapter Notes - Chapter 18: Gross Profit, Historical Cost, Moving Average

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Perpetual inventory system- company uses to keep a continuous record of the cost of inventory on hand and the cost inventory sold. Periodic inventory s
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MIZZOUACCTCY 2036Amy DeardeuffFall

ACCTCY 2036 Chapter Notes - Chapter 7: Balance Sheet, Income Statement, Finished Good

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MIZZOUACCTCY 2036Amy DeardeuffFall

ACCTCY 2036 Chapter Notes - Chapter 3: Retained Earnings, Income Statement, Accrual

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MIZZOUACCTCY 2036Amy DeardeuffFall

ACCTCY 2036 Chapter Notes - Chapter 5: Risk Assessment, Internal Control, Statistical Hypothesis Testing

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MIZZOUACCTCY 2036Amy DeardeuffFall

ACCTCY 2036 Chapter Notes - Chapter 2: Current Liability, A Question Of Balance, Accounting Equation

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MIZZOUACCTCY 2036Amy DeardeuffFall

ACCTCY 2036 Chapter Notes - Chapter 5: Bank Reconciliation, Bank Statement, Lock Box

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Large amounts of transactions -- signi cant risk for error. Cash is owned by someone - high risk for theft. Goal is for business to receive appropriate
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MIZZOUACCTCY 2036CunninghamFall

ACCTCY 2036 Chapter Notes - Chapter 5: Gross Profit, Financial Statement, Profit Margin

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Key role in the decision making of the users by communicating the company"s revenues, expenses, and net income (cid:523)or loss(cid:524) for a specific
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