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

Decks in this class (15)

Chapter One
Cash basis accounting 1,
Accrual basis accounting 2,
Accrued basis of accounting relat...
73  cards
Chapter One Quiz/Homework
The enhancing qualitative charact...,
Ford motor co purchases services ...,
What is land reported at 3
15  cards
Chapter Three
Balance sheet 1,
The usefulness of the bs 2,
Liquidity 3
73  cards
Chapter Three Quiz/Homework
What is typical of a bs under ifrs 1,
Company ratios were below 10 befo...,
Land held for speculation is _____ 3
18  cards
Chapter Four
Statement of operations statement...,
Comprehensive income 2,
Statement of cash flows 3
79  cards
Extra for Chp 1, 3 and 4
Selling expenses 1,
General and admin expenses 2,
Income from other operations items 3
8  cards
Chapter Four Homework/Quiz
List in order starting from incom...,
Inventory turnover ratio 2,
Average days inventory 3
12  cards
Chapter 5
Time value of money 1,
Time value of money is useful for 2,
Interest 3
47  cards
Chapter 6
Revenue Recognition
49  cards
Chapter 7
Cash 1,
Examples of cash 2,
Cash equivalents 3
68  cards
Chapter 8
Inventory overview 1,
Types of inventory 2,
Perpetual inventory system 3
66  cards
Chapter 9
Sometimes the company will sell i...,
Gaap requires that 2,
Two approaches to inv write down ...
39  cards
Chapter 10
Assets are _______ 1,
Pp e consists of 2,
Intangible assets consist of 3
90  cards
Chapter 11
Cost allocation 1,
Depreciable base 2,
Measuring cost allocation require...
95  cards
Chapter 12
Investing can be done 1,
Purchased by individual investors...,
Details about debt securities 3
58  cards

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Intermediate Accounting I

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