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01/27/16
Auburn University
ACCT 2110 Exam Study Guide
Professor: Elizabeth miller

What are the different forms of a business organization?

Study guide and answers to What are the different forms of a business organization?

Study guide for Chapters 1 and 2: 1- Accounting and the Financial Statements 2- The Accounting Information System

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What does gross margin tell you?
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What are the different forms of a business organization?
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AU - ACCT 2110 - Week 4 Notes - Class Notes
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What are the steps of the accounting cycle?
What is the difference between accrual and cash basis accounting?
AU - ACCT 2110 - Notes for February 22 and 26 - Class Notes
AU - ACCT 2110 - Week of February 29 - March 4 - Class Notes
AU - ACCT 2110 - Notes for March 7 and 9 - Class Notes
AU - ACCT 2110 - Week 5 Notes - Class Notes
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What is the Allowance method?
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What are the steps in recording transcations?
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What are some helpful tools that used in canvas?
AU - ACCT 2110 - Class Notes - Week 1
assume the following beginning inventory, purchases, and sales during the month of april:
lower cost of market
if a purchaser using a perpetual inventory system pays the transportation costs, then the
What are the three classifications of an inventory in manufacturers?
adjusting entries affect at least one
A fixed asset has a historical cost of $20,000, a net book value of $12,000 and a salvage value of $2,500. What is the gain or loss on disposal of the fixed asset if it is sold for $15,000?
revised annual depreciation
Which sets of factors is needed to calculate depreciation on plant and equipment?
Define transactions in accounting.
What is sales tax?
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If bonds with a face value of $100,000 are sold for $96,000, how must this $4,000 difference be accounted for?
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What are the three main types of business activities?
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Inventory should up to what?
When is a liability considered current?
What is meant by stockholder's equity and its function?
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What are the 3 types of businesses?
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What order do you prepare financial statements?
What order is prepared for financial statements and reports?
What is accrual accounting?

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