Honors: Foundations of Accounting 207

University Of Tennessee - Knoxville

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Deferral and Accrual Adjustments Deferral and Accrual Adjustments
  • Deferral and Accrual Adjustments

  • Class notes • 4 pages • 2017
  • Explains Deferral and Accrual Adjustments using examples. Reconciliation on Net Income and Net Cash Flow from Operations. Discusses Accounting for Merchandising Businesses.
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Accounting Exam 1 Study Guide Accounting Exam 1 Study Guide
  • Accounting Exam 1 Study Guide

  • Study guide • 8 pages • 2017
  • Study Guide of the first three chapters of Survey of Accounting by Carl. S. Warren. Chapter One: The Rules of Accounting in Business. Chapter Two: Basic Accounting Concepts. Chapter Three: Accrual Accounting Concepts. Study Guide contains definitions of all terms covered in the first three chapters.
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Basic Elements of the Accounting System Basic Elements of the Accounting System
  • Basic Elements of the Accounting System

  • Class notes • 8 pages • 2017
  • Explains GAAP (generally accepted accounting principles) in great detail. Discusses basic elements of the accounting system such as business transactions. Defines assets, liabilities, owner's equity. Discusses Integrated Financial Statements and Retained Earnings Statement. Defines Revenue, Expenses and Dividends.
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