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  • Thẻ Ghi Nhớ - Accounting 201 Final Exam - Quizlet

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    An Ngoc Cồ
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    This document contains a list of 73 accounting terms for an Accounting 201 Final Exam, including definitions like assets, liabilities, equity, revenue, expense, income statement, balance sheet, cash flows, accounting cycle, cost principle, revenue recognition, and matching principle. It also lists accounting methods like LIFO, FIFO, cost of goods sold, gross profit, and bank reconciliation terms.

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    Thẻ Ghi Nhớ_ Accounting 201 Final Exam _ Quizlet

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    This document contains a list of 73 accounting terms for an Accounting 201 Final Exam, including definitions like assets, liabilities, equity, revenue, expense, income statement, balance sheet, cash flows, accounting cycle, cost principle, revenue recognition, and matching principle. It also lists accounting methods like LIFO, FIFO, cost of goods sold, gross profit, and bank reconciliation terms.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    48 views3 pages

    Thẻ Ghi Nhớ - Accounting 201 Final Exam - Quizlet

    Uploaded by

    An Ngoc Cồ
    This document contains a list of 73 accounting terms for an Accounting 201 Final Exam, including definitions like assets, liabilities, equity, revenue, expense, income statement, balance sheet, cash flows, accounting cycle, cost principle, revenue recognition, and matching principle. It also lists accounting methods like LIFO, FIFO, cost of goods sold, gross profit, and bank reconciliation terms.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 3

    31/7/2021 Thẻ ghi nhớ: Accounting 201 Final Exam | Quizlet

    Khoa học xã hội / Kinh tế học / Tài chính

    Accounting 201 Final Exam

    Truy cập tất cả các số liệu thống kê, trang tổng quan tiến độ cá nhân và các lối tắt học thông minh với Quizlet Plus. Mở khóa tiến độ

    Thuật ngữ trong học phần này (73)

    assets

    balance sheet liabilities

    equity

    revenue

    expense

    income statement gains/losses

    gross profit

    net income/loss

    beginning capital

    statement of retained earning contributed capital

    ending capital

    Accounting 201 Final Exam


    https://quizlet.com/32554668/accounting-201-final-exam-flash-cards/ 1/3
    31/7/2021 Thẻ ghi nhớ: Accounting 201 Final Exam | Quizlet

    listing of cash inflows/outflows

    operating

    statement of cash flow investing

    financing

    identity

    steps in accounting cycle journalize

    communicate

    cost principle record at cost

    revenue recognition revenue recognized when earned

    matching principle expenses and related revenue recorded in the same period

    depreciation

    adjusting entries accruals interest/revenue

    prepaid

    LIFO last in first out

    FIFO first in first out

    Accounting 201sold
    cost of goods Final Exam beginning inventory plus net purchases minus ending inventory

    https://quizlet.com/32554668/accounting-201-final-exam-flash-cards/ 2/3
    31/7/2021 Thẻ ghi nhớ: Accounting 201 Final Exam | Quizlet

    gross profit sales minus cost of goods sold

    perpetual ongoing

    adjusted bank balance

    bank reconciliation
    adjusted book balance

    https://quizlet.com/32554668/accounting-201-final-exam-flash-cards/ 3/3

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