Introduction to Financial Accounting

What is Accounting?

The Accounting Equation

The Accounting Cycle

Basic Journal Entries

Revenue Recognition

The Trial Balance

Adjusting Journal Entries

Creating Financial Statements

The Statement of Cash Flow

Closing Entries Using Income Summary

Assets

Cash: Bank Reconciliation

Accounts Receivable and Bad Debt

Introduction to Inventory

Inventory: Returns and Allowances

Inventory: Discounts

Calculating Inventory Cost

First-In, First-Out (FIFO) Inventory Calculations

Last-In, First-Out (LIFO) Inventory Calculations

Weighted Average Inventory Calculations

Long-term Assets

Depreciation Methods

Liabilities

Introduction to Current Liabilities

Sales Tax and Sales Tax Payable

Payroll and Payroll Taxes

Recording Payroll and Payroll Liabilities

Recording Warranty Expenses and Liabilities

Introduction to Bonds

Simple Interest Calculations

Present Value and Bond Issue Prices

Equity

 Introduction to Stockholders’ Equity

Stock Terminology

Share This:


Related pages


annual depreciationfifo lifo examplebank reconciliation statement problemsgross profit method formulahow to journalize transactions in accountinggaap journal entriesmanufacturing overhead rate calculatorcollected accounts receivable journal entrywithholding tax formulafavourable variancebalance sheet reconciliations examplesas 6 depreciation accountingaccounting for uncollectible accountswhat is fifo costingproduct costing in a manufacturing firm is the process oflist of expense account titlesan overstatement of ending inventory will causereserve accounting entriessupplies expense journal entryhow to get the ending inventorydiscounting tablesaccounting equation chartsalvage value accountingsimple interest loan payment formulaexamples of managerial accounting reportstexas net pay calculatoraccounting entries for depreciationuncollect hold on returned checkcompute the contribution margin ratioclosing entries and post closing trial balancejob costing system examplesdefine merchandise inventoryrights of common stockholderswhat is the formula for straight line depreciationhow is fica tax calculatedtrial balances accountingdefine unprofitablefees earned debit or creditfifo inventory methodincome statement for the month endedcall option accounting journal entriesadministrative cost examplesbeginning merchandise inventory formulawhat is a cost driver in accountingan important purpose of closing entries is toif a company fails to record estimated bad debts expensediscount factors tableformula for absorption costinghow to calculate overhead variancepost closing trial balance accountsfull accounting cycle exampleswhat is federal unemployment tax ratesalvage value calculatorlimited liability of stockholdersprepare a bank reconciliation statement for the monthinsurance expense journal entryformula for reducing balance depreciationcalculate double declining balancedouble declining depreciation calculatorbond discountinghow to calculate your grade with weighted averagesdifference between book value and salvage valuefixed manufacturing overheadprepare the journal entries to record this transactionaccounting equation isis prepaid insurance a current assetfifo method accountingbest financial accounting bookswhat is a fixed expense exampledefinition overheadsaccounting t accounts templateunits of production calculatorstandard overhead rateprepaid insurance on balance sheetnet realizable value of accounts receivable formulaaccounting aje