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Textbook Notes for Ronen Gal-or

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NUACCT 1201Ronen Gal-orSpring

ACCT 1201 Chapter Notes - Chapter 2: General Ledger, Deferral, Current Liability

OC1042865 Page
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Keeping track of account balances: journal entries general journal, t-accounts general ledger. Keeping track of account balances: journal entries gener
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NUACCT 1201Ronen Gal-orSpring

ACCT 1201 Chapter Notes - Chapter 1: Tax Avoidance, Professional Code Of Quebec, Double Taxation

OC2491543 Page
26
Measurement rules used to develop the information in financial statements. This is why your textbook changes: gaap vs. ifrs, since 2002, there has been
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NUACCT 1201Ronen Gal-orSpring

ACCT 1201 Chapter Notes - Chapter 4: Accounts Payable, Trial Balance, Interest Expense

OC10428610 Page
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The trial balance is basically just aggregating everything you put together in t-accounts. 1: journalize and post adjusting entries, deferred (unearned
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NUACCT 1201Ronen Gal-orSpring

ACCT 1201 Chapter Notes - Chapter 2: Current Liability, Walmart, Promissory Note

OC2491545 Page
21
Keeping track of account balances: journal entries general journal, t-accounts general ledger. Dr. debit (dr) is on the left side of an account. Credit
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NUACCT 1201Ronen Gal-orSpring

ACCT 1201 Chapter Notes - Chapter 2: Retained Earnings, Prope, Accounts Payable

OC24915413 Page
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Decide if a transaction took place. (a) stockholder invests ,000 into the business. Increase in cash and increase common stock for 10,000. Decide if a
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NUACCT 1201Ronen Gal-orSpring

Chapter 4 - Activity 4.docx

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20
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NUACCT 1201Ronen Gal-orSpring

ACCT 1201 Chapter Notes - Chapter 5: Deferral, Financial Statement, Retained Earnings

OC2491543 Page
27
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NUACCT 1201Ronen Gal-orSpring

Chapter 4 - Activity 4 Solution.docx

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21
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NUACCT 1201Ronen Gal-orSpring

ACCT 1201 Chapter Notes - Chapter 1: Statement Of Changes In Equity, Cash Flow Statement, Accounts Payable

OC1042869 Page
26
Accounting in the language of business: the building block of any business is transactions, examples of transactions when starting a business. The four
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NUACCT 1201Ronen Gal-orSpring

Chapter 5 Balance Sheet Classifications.pdf

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NUACCT 1201Ronen Gal-orSpring

ACCT 1201 Chapter Notes - Chapter 2: Historical Cost, Current Liability, Financial Statement

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13
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NUACCT 1201Ronen Gal-orSpring

ACCT 1201 Chapter Notes - Chapter 5: Income Statement, Accounts Receivable, Gross Profit

OC2491547 Page
22
Return on assets (roa), profit margin, and total asset turnover ratios. Players in the accounting communication process: regulators (sec, fasb, pcaob,
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