ACCT 202 • Midterm • Principles of Accounting II

Introduction to Accounting Concepts

Asset Accounts (Firmanın Varlıkları)

Liability and Owners' Equity Accounts (Firmanın Borç ve Özkaynakları)

Financial Statements (Income Statement&Balance Sheet)

Using Accounting Equation to Analyze Transactions

Recording Business Transaction

Journalizing Business Transactions

Posting T-Accounts (Post General Ledger)

Preparing Trial Balance Sheet

Adjusting Entries

Adjusted Trial Balance

Merchandising Operations - Perpetual Inventory System 1

Merchandising Operations - Perpetual Inventory System 2

Example Perpetual Inventory

Merchandising Operations - Multistep Income Statement & Closing Entries

Merchandising Operations - Periodic Inventory System

Bank Reconciliation

Uncollectible Accounts - Direct Write Off Method

Uncollectible Accounts - Allowance Method (Percent of Sales)

Uncollectible Accounts - Allowance Method (Aging Method)

Example (percent of sales)

Example (aging)

Notes Receivables

Example (Receivables)

Short Term Liquid Assets Recording

Example (Marketable Securities & Receivables)

FIFO Method (Perpetual)

LIFO and Weighted Average Method (Perpetual)

Periodic Inventory Method

Shrinkage - Stok Noksanı

Lower of Cost or Market Rule

Compherensive Question 1

Compherensive Question 2

PERIODIC SYSTEM (FIFO&LIFO&AVERAGE COST)

Exam Type Multiple Choice 2