ACC 201 (Spring 24) • Introduction to Financial Accounting and Reporting • Final

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

Lower of Cost or Market Rule

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

Exam Like Question: 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

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