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004 Financial Statements

This class was created by Brainscape user DAN HORNUNG. Visit their profile to learn more about the creator.

By: DAN HORNUNG
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Decks in this class (11)

017 Balance Sheet 1
Describe the formula for quick or...,
Define current liability 2,
What is a valuation account used ...
8  cards
018 Balance Sheet 2
What do control accounts report 1,
What does a chart of accounts do 2,
What are the steps of the account...
9  cards
019 Income Stmt 1
Does accounting income take a tra...,
What represent increases in net a...,
Define losses 3
9  cards
020 Income Stmt 2
How are expenses classified under...,
Are extraordinary items allowed i...,
Does international financial repo...
10  cards
021 Stmt of Comprehensive Income
What is the main purpose of discl...,
What is comprehensive income 2,
What are the two ways of reportin...
9  cards
022 Stmt Change Equity
List the other names for statemen...,
In what type of format does the s...,
How are accounts listed in the ve...
7  cards
023 Soures and Uses of Cash
What is the basic purpose of the ...,
When is a statement of cash flows...,
What is reported on the statement...
11  cards
024 Operating, Investment and Financing Activities
What is the cash flow category fo...,
What is the cash flow category fo...,
What is the cash flow category fo...
13  cards
025 Notes to Financial Statement
What disclosure is required by fi...,
Under international financial rep...,
Define purchasing power loss 3
19  cards
026 Ratios - Liquidity Solvency and Operational
What are the general types of rat...,
List the formula for working capi...,
List the formula for the acid tes...
15  cards
027 Ratio Profitability & Equity
What do profitability ratios meas...,
List the return on owner s equity...,
List the return on common stockho...
15  cards

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004 Financial Statements

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