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

Textbook Notes for John Hancock

UC-DAVISMGT 11AJohn HancockFall

MGT 11A Chapter 2: CHAPTER 2

OC17618262 Page
7 Jan 2019
0
Chapter 2: financial statements and the accounting system. Liquidity: ability to meet short-term obligations and generate revenue. Efficiency: how prod
View Document
UC-DAVISMGT 11AJohn HancockFall

MGT 11A Chapter Notes - Chapter 3: Retained Earnings, Trial Balance, Current Liability

OC17618262 Page
7 Jan 2019
0
Closing process: occurs at the end of an accounting period after financial statements are completed. Resets revenue, expense, and dividends account bal
View Document
UC-DAVISMGT 11AJohn HancockFall

MGT 11A Chapter 12: CHAPTER 12 - pt 3

OC17618264 Page
7 Jan 2019
0
Only apply to the operating activities section. Separately lists operating cash receipts (such as cash received from customers) and operating cash paym
View Document
UC-DAVISMGT 11AJohn HancockFall

MGT 11A Chapter Notes - Chapter 12: Cash Flow, Promissory Note, Retained Earnings

OC17618263 Page
7 Jan 2019
0
To compute cash flows from investing activities, we analyze changes in: 2) any current accounts for notes receivable and investments in securities. Rep
View Document
UC-DAVISMGT 11AJohn HancockFall

MGT 11A Chapter 12: CHAPTER 12 - pt 1

OC17618263 Page
7 Jan 2019
0
Purpose of the statement of cash flows. Statement of cash flows: reports cash receipts (inflows) and cash payments (outflows) for a period. Cash flows
View Document
UC-DAVISMGT 11AJohn HancockFall

MGT 11A Chapter 8: CHAPTER 8 - pt 3

OC17618263 Page
7 Jan 2019
0
Discarding plant assets: no longer useful to the company and has no market value. Consider equipment costing ,000 with accumulated depreciation of ,000
View Document
UC-DAVISMGT 11AJohn HancockFall

MGT 11A Chapter 9: CHAPTER 9 - pt 1

OC17618263 Page
7 Jan 2019
0
Known liabilities: measurable obligations arising from agreements, contracts, or laws. Ex: accounts payable, notes payable, payroll obligations, sales
View Document
UC-DAVISMGT 11AJohn HancockFall

MGT 11A Chapter 12: CHAPTER 12 - pt 5

OC17618263 Page
7 Jan 2019
0
View Document
UC-DAVISMGT 11AJohn HancockFall

MGT 11A Chapter 9: CHAPTER 9 - pt 3

OC17618264 Page
7 Jan 2019
0
Employer must pay payroll taxes in addition to those required of employees. Employer fica tax: employers must pay fica taxes on their payroll. An emplo
View Document
UC-DAVISMGT 11AJohn HancockFall

MGT 11A Chapter 3: CHAPTER 3- part 1

OC17618262 Page
7 Jan 2019
0
To provide timely info, accounting systems prepare reports at regular intervals. Most orgs use a year as their primary accounting period. Annual financ
View Document
UC-DAVISMGT 11AJohn HancockFall

MGT 11A Chapter Notes - Chapter 1: Financial Accounting Standards Board, International Accounting Standards Board, International Financial Reporting Standards

OC17618263 Page
7 Jan 2019
0
Identifying (select transactions and events) -> recording (input, measure, and log) -> Financial accounting: serves external users by providing general
View Document
UC-DAVISMGT 11AJohn HancockFall

MGT 11A Chapter 4: CHAPTER 4

OC17618263 Page
7 Jan 2019
0
Merchandise: products that a company buys to resell. Merchandiser: earns net income by buying and selling merchandise. Wholesalers: buys products from
View Document

Textbook Notes (280,000)
US (110,000)
UC-Davis (1,000)
MGT 11A (30)
John Hancock (20)