ACC 201 • Final • Introduction to Financial Accounting and Reporting

Merchandising Operations - Perpetual Inventory System 1

Merchandising Operations - Perpetual Inventory System 2

Example Perpetual Inventory

Merchandising Operations - Multistep Income Statement & Closing Entries

Shrinkage - Stok Noksanı

FIFO Method

LIFO and Weighted Average Method

Periodic Inventory Method

Periodic Inventory System (Closing Entries)

Lower of Cost or Market Rule

Example 1

Example 2

Depreciation - Straight Line Method

Depreciation - Units of Production Method & Double Declining Method

Sale and Exchange of an Asset

Exam Like Quesiton - Lump Sum Purchase

Example Plant Assets

Goodwill

Payroll

Warranty Expense

Notes Payable and Plant Assets

Issuing Bond

Issuing Bond at a Discount

Issuing Bond at a Premium

Issuing Bond at a Discount with Accrued Interest

Issuing Bond at a Premium with Accrued Interest

Issuance of Common Stock (Ordinary Shares) and Preferred Stock (Preference Shares)

Dividend, Stock Split and Treasury Stock

Preparing Stockholders' Equity, EPS and Price/Earning Ratio

Example

Cash Flow Statement

Inventory & COGS 1

Inventory & COGS 2

Inventory & COGS 3

Plant, Assets and Depreciation 1

Plant, Assets and Depreciation 2

Plant, Assets and Depreciation 3

Plant, Assets and Depreciation 4

Plant, Assets and Depreciation 5

Shareholder's Equity 1

Shareholder's Equity 2

Shareholder's Equity 3

Shareholder's Equity 4

Shareholder's Equity 5

Shareholder's Equity 6

Shareholder's Equity 7

Shareholder's Equity 8

Shareholder's Equity 9

Examples

Question 1

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Question 2

Question 3

Question 4

Question 5

Question 6

Question 7

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Question 12

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Question 15

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Question 17

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Question 20

Question 21

Question 22

Question 23

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)

Bank Reconciliation

Petty Cash

Internal Cash Control 1

Internal Cash Control 2

Internal Cash Control 3

Internal Cash Control 4

Internal Cash Control 5

Internal Cash Control 6

Internal Cash Control 7

Receivables 1

Receivables 2

Receivables 3

Receivables 4

Receivables 5

Receivables 6

Receivables 7