Accounting
Chapter 1
1.2 Accounting Assumptions/Principals
1.3 Accounting Equation and Balance Sheet
Chapter 2
2.1 How to Make Journal Entries
2.2 How a Transaction Affects the Financial Statements
2.4 The Flow of Accounting Data
Chapter 3
3.1 Why Do We Use Accrual Accounting?
3.2 Adjusting Journal Entries: Accrual
3.3 Adjusting Journal Entries: Deferral
3.4 Explaining Specific Accounts
3.5 What Is Depreciation & Why Is It a Deferral?
3.7 Ratios: Current Ratio, Acid-test Ratio, Net Working Capital
Chapter 4
4.2 Bank Reconciliations: Book Side Example
4.3 Bank Reconciliations: Bank Side Example
4.4 Bank Reconciliations: Bank "Credits" and "Debits"
Chapter 5
5.1 Revenue Recognition Principle
5.2 Sales Returns and Allowances + Example
5.5 Accounts Receivable and Selling on Credit
5.6 Bad Debt Expense- How to Account For It
5.7 Bad Debt Expense- Percent of Sales Method
5.8 Allowance for Doubtful Accounts and BDE
5.9 Allowance for Doubtful Accounts and A/R
5.10 Notes Receivable and Interest Revenue
5.11 Accruing Interest Revenue Example
5.12 Sales Tax Payable Example
5.13 Notes Receivable vs Notes Payable
5.14 Explain These Accounts To Me!
5.15 Accounts Receivable Turnover & DSO
Chapter 6
6.3 Journal Entry For Selling Inventory
6.5 Specific ID Inventory Costing Method
6.9 The Inventory Formula/T-account
6.10 Gross Profit- An Income Statement
6.11 Explain These Accounts To Me!
Chapter 7
7.3 What Is a "Land Improvement"
7.4 What Cost Are Capitalized Into the Building Account
7.5 What Costs Are Capitalized Into Equipment/Machinery?
7.6 Lump Sum (basket) Purchases
7.7 Capital Expenditures vs Immediate Expenses
7.8 Salvage Value, Depreciable Value, and Net Book Value
7.9 Straight Line Depreciation Example
7.10 Unit of Production Example
7.11 Double Declining Balance Example
7.12 Partial Year Depreciation
7.13 Disposal/Sale of Plant Asset Without Gain/Loss
7.14 Disposal/Sale of Plant Asset with Gain/Loss
7.15 Natural Resources and Depletion
7.16 Intangible Assets and Amortization
7.18 Explain These Accounts To Me!
Chapter 8
8.1 Warranties Pt. 1: Estimating Warranty Expense
8.2 Warranties Pt. 2: Recording Actual Warranty Cost
8.3 Contingent Liabilities Rule
8.5 Accruing Interest Expense on a Note Payable
8.6 Explain These Accounts To Me!
Chapter 9
9.1 Three Ways to Raise Capital
9.2 What is a Bond? Why Would Someone Buy? Sell it?
9.3 What Are All of the Terms on a Bond?
9.4 Market Conditions and Issuing Bonds
9.5 Issuing a Bond at Par- Example
9.6 Issuing a Bond at Discount- Example
9.7 Issuing a Bond at Premium- Example
9.8 Comparing Each Type of Issuance
9.9 Accruing Interest Expense on a Bond
9.10 Explains These Accounts To Me!
Chapter 10
10.1 Common Stock vs Preferred Stock
10.3 Authorized, Issued and Outstanding Shares
10.4 Treasury Stock Pt. 1 (What It Is)
10.5 Treasury Stock Pt. 2 (Acquiring Treasury Stock)
10.6 Treasury Stock Pt. 3 (Re-selling Treasury Stock)
10.8 Declaring & Paying Cash/Property Dividends
10.9 Declaring & "Paying" Stock Dividend
10.12 Summary of Effects of Stock Transactions on SHE & Ratios
10.14 Explain These Accounts To Me!
Chapter 11
11.1 What Are the Three Classes of Cash Flow?
11.2 What Does the Cash Flow Statement Look Like?