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These are notes for chapter 1 of accounting 201A. Feel free to take a look and if it is of use to you for the class, then great! I hope these notes will help in any way.
These are notes for chapter 2 of accounting 201A. Check it out if interested, hopefully it helps.
Textbook Notes for ACCT 201A with Glen Hatton.
These are the Chapter 3 notes for Accounting 201A. Feel free to take a look and make use of them when you study.
These are the notes for Chapter 4 for Accounting 201A. Feel free to check it out and use it to your liking. Thank you!
This is a study guide for the first midterm which includes the general ideas and formulas of chapters 1-4. Check it out and thanks
These are notes for chapter 5 of accounting 201A. Check them out and hope they help in any way!
These are the notes for chapter 6 for accounting 201A. If interested check them out and hope they help in any way! :)
Hi there, these are the notes for chapter 7 of accounting 201A. If interested, please check them out and hope they help with everything! thank you
Merchandise Operations & the Multiple-Step Income Statement
Reporting and Analyzing Inventory
This is a study guide review for the accounting 201A class. These notes are just the general ideas summarized of chapters 9-13.. If interested please check them out and hope they help. Thanks!
Chapter 1-4 Notes for Midterm 1
1.1 Ethics in Financial Reporting
1.2 Three Principal Types of Business Activity
1.3 Four Financial Statements
2.1 Sections of a Classified Balance Sheet
2.2 Ratios to Evaluate a Company Profitability, Liquidity, and Solvency
2.3 Financial Reporting Concepts
Much of the more detailed examples are in the book,. An outline of chapter 3.1-3.5 with basic key terms, and rules.
Chapter 3 outline/notes based off of "Kimmel, Financial Accounting, 8e". Much of the more complex examples and problems are found in the textbook.
Chapter 1 contains 3 sections and they will cover:
1. The Forms of Business Organizations and Uses of Accounting Information
2. The Three Principle Types of Business Activity
3. The Four Financial Statements and How They Are Prepared
3.1 Analyzing the effect of business transactions on the basic accounting equation
3.2 Explaining how accounts, debits, and credits are used to record business transactions
3.3 indicating how a journal is used in the recording process
3.4 Explaining how a ledger and posting help in the recording process
3.5 Preparing a trail balance
Notes from the lecture on 9/5/17. Covers Debit and Credit.
Covers Debit and Credit
This Chapter will cover:
- Classified Balance Sheets
- Using the Financial Statements
- Financial Reading Concepts
4.1 explain the accrual basis of accounting and the reasons for adjusting entries
4.2 prepare adjusting entries for deferrals
4.3 prepare adjusting entries for accruals
4.4 prepare an adjusted trail balance and closing entries
Summary of the Accounting Cycle
Chapter 3 will cover:
-The Effect of Business Transactions on the Basic Accounting Equation
-How Accounts, Debits, and Credits Are Used to Record Business Transactions
-How a Journal is Used in the Recording Process
-How a Ledger and Posting Help in the Recording Process
-Prepare a Trial Balance
Chapter 4 will cover:
-The Accrual Basis of Accounting and the Reasons for Adjusting Entries
-Adjusting Entries for Deferrals
-Adjusting Entries for Accruals
This study guide will reviews Chapters 1-4 of Accounting 201A
These notes will cover material that will be in Exam #2
5.1 Describe merchandising operations and inventory systems
5.2 Record purchase under perpetual inventory system
5.3 Record sales under a perpetual inventory system
5.4 Prepare a multiple-step income statement and a comprehensive income statement
5.5 Determine cost of goods sold under a periodic inventory system
5.6 Compute and analyze gross profit rate and profit margin
Chapter 6 will directly focus on inventory
6.1 Discuss how to classify and determine inventory
6.2 Apply inventory cost flow methods and discuss their financial effects
6.3 Explain the statement presentation and analysis of inventory
These notes will cover what will be on Exam #2
These Notes will cover what is going to be on Exam #2
Fraud, Internal Control, and Cash
-explain how companies recognize accounts receivables
-describe how companies value accounts receivable and record their disposition
This Study Guide will cover Chapters 5,6,7, and 8 of Accounting 201A's Exam #2
Chapter 5-Chapter 6 Notes
These notes will describe the financial statement, Statement of Cash Flows, functions
Statement of Cash flows
Chapter 9 will be covered in the Acct 201A
-Explain the accounting for plant assets
-Apply depreciation methods to plant assets
-Explain how to account for the disposal of plant assets
-Identify the basic issues related to reporting intangible assets
-Discuss how long-lived assets are reported and analyzed
Chapter 10: Reporting and Analyzing Liabilities
This Study guide will cover all the material that was shown throughout the whole course of Acct201A