MGMT 1A and 1B Review fully solved & updated.

MGMT 1A and 1B Review fully
solved & updated
Accounting Equation - answer - ALOE
- Assets = Liabilities + Owner's Equity
- DEALER
- Dividends + Expenses + Assets = Liabilities + Equity + Revenue


Basic Financial Statements - answer - 5 (4+1)
- Balance sheet - current, snapshot
- Income statement - revenue - expense = net income
- Statement of Stockholder's Equity - what owners would get if sold
all assets
- Statement of Cash flows - beginning balance and ending balance
- Notes on financial statement - words to explain numbers


Current Assets - answer CinAMPS


Long Term Assets - answer PP&E and intangible assets


Current Liabilities - answer


Long Term Liabilities - answer Bonds and notes payable


Stockholder's Equity - answer


Statement of Cash Flows - answer