financial accounting exam 2 study guide
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2 pages. This textbook can be purchased at www.amazon.com. Learn more about characters, symbols, and themes in all your favorite books with Course Hero's BSNS 160 Syllabus _Fall2020 - 08102020.pdf, EFE3B0CD-AB26-4419-819B-2DDE56942882.jpeg, 1691DF99-A22C-4CC1-B0C5-9CE19269DA68.jpeg, (Lecture 10) Chapter 4 Auditing the Revenue Business Process, (Lecture 12) Chapter 7 Auditing the Inventory Business Process, (Lecture 11) Chapter 6 Auditing the Acquisition and Expenditure Business Process, Thornton Township High School • IV ENGLISH, High School Of Economics & Finance • FINANCE 1145. Name: Exam 2 - Financial Accounting Description: Exam 2 covers chapters 5,6,8, and 9 which are all covered in this study guide. This set of notes covers the in-class lectures for Chapter 8 which will be on our quiz and test! Chapter 5 - Accounting for Merchandising Businesses. FREE study guides and infographics! ACG 2021. Financial and Managerial Accounting Know the difference between a merchandising and a service company. Course Hero is not sponsored or endorsed by any college or university. The breakdown has a plethora of information needed to master the exam. - 8th Edition, Exam 2 Study Guide.docx - ACCT 2301 \u2013 Principles of Financial Accounting Exam 2 Study Guide MULTIPLE CHOICE Chapter 4 Understand the difference, ACCT 2301 – Principles of Financial Accounting. Know who would pay freight charges if goods were shipped FOB destination or if goods were shipped, Know how to record merchandising transactions for both the buyer and seller in a perpetual inventory, Purchase, Purchase Returns, and Making Payments, Beginning inventory + purchases – Ending inventory = Cost of. 3 pages. 2 pages. Understand the difference between a perpetual and periodic inventory system. These notes cover chapter 1: financial accounting and business decisions, Accounting, financial accounting, Income Statments, Net Income, Intangibles, patents, Copyrights, trademarks, franchises, asset, liability, and Amortization. These are just the notes all condensed with definitions and concepts rather than example problems, keep in mind! These notes cover mainly Ch. Exam 3 Study Guide. Fall 2017. 1. Good luck on the exam everyone. What is the journal entry the responsible part will make under each FOB shipping term? Lecture 6: The Accounting Cycle. This is the set of notes for October 18th of Chapter 9: Long-Lived Assets which will be covered on our quiz due by Tuesday and our Nov.1 Test! Exam 2 covers chapters 5,6,8, and 9 which are all covered in this study guide. In case you missed it, these are Chapter 6 notes from class for Professor Youngki! Course Hero is not sponsored or endorsed by any college or university. Chapter 5—Accounting for Merchandising Operations. 3 Pages 39 Views 1 Unlocks Reviews 4 pages. Understand the two shipping terms discussed in this chapter: Who is responsible for shipping costs under each FOB shipping term? 3 pages. Chapter 5—Accounting for Merchandising Operations Know the difference between a merchandising and a service company. CGFM Study Guide – Linda. Lecture 4: Chapter 3 Accounting Information Systems. Financial Accounting Study Guide-Exam 2 Chapters 5, part of 7, 8 and 9 The exam is scheduled for Wednesday, November 2 nd The format will be similar to Exam 1. Good luck on the exam … 2 pages. This preview shows page 1 - 2 out of 3 pages. Lecture 7: Cont: Accounting Information Systems. Study guide 2.docx - Financial Accounting Study Guide-Exam 2 Chapters 5 part of 7 8 and 9 The exam is scheduled for Wednesday November 2nd The format, The exam is scheduled for Wednesday, November 2. 2 pages. gross profit and the gross profit percentage. ACCT 2301 – Principles of Financial Accounting Exam 2 Study Guide MULTIPLE CHOICE Chapter 4 Understand the difference between a perpetual and periodic inventory system. Know the account classification, normal balance, and definition for the following accounts: Expense account- records cost of goods sold to customers, Asset account- shows the value of inventory on hand, Contra revenue account- records returns and allowances, Contra revenue account- records discounts to buyers for early payment. Exam questions and problems will come from the following review items. These are just the notes all condensed with definitions and concepts rather than example problems, keep in mind! I found the study guide to be very useful. Jeff Reinking. Lecture 9: Chapter 4: Income Statement and Related Information. Name: Financial Accounting Exam 2 Study Guide Description: Chapter 4-7 Study Guide Uploaded: 11/02/2017. Exam questions and problems will come from the following review items. Lecture 5: Continuation of Accounting Information Systems. Be able to compute sales discounts allowed to encourage early payment of invoices. … Perpetual- records are updated continuously, Periodic- records are updated continuously. Know how to compute net sales and … Financial Accounting, Week 2 Notes.
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