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Financial Accounting

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

By: Beatrice Jurskyte
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Decks in this class (8)

The Accounting Equation
What is the accounting equation 1,
A transaction 2,
What happens when a transaction t...
24  cards
Recording Transactions
The recording process 1,
What do debits and credits really...,
Accounts payable increases with a 3
13  cards
Financial Statements
Real accounts 1,
Nominal accounts 2,
The balance sheet shows 3
19  cards
Adjusting Journal Entries
Explicit transactions 1,
Implicit transactions 2,
Implicit transactions often lead ...
38  cards
The Statement of Cash Flows
The purpose of the statement of c...,
The sections of a statement of ca...,
The cash flows from operating act...
25  cards
Analyzing Financial Statements
Analyzing financial statements is...,
Ratios are typically most useful ...,
One of the most commonly evaluate...
33  cards
Forecasting and Valuation
To forecast liabilities and equit...,
How to calculate forecasted net s...,
To calculate the long term debt b...
20  cards
Exam
How do you calculate the profit m...,
Suppose the profit margin for car...,
The profit margin for east corp f...
22  cards

More about
Financial Accounting

  • Class purpose General learning

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