Accounting 1: QuickStudy Laminated Reference Guide (QuickStudy Business)

Description

Essentials of the college level Accounting 1 course often called Financial Accounting or Principles of Accounting 1. Expertly written in our time-tested condensed format and including example statements for support of students, their studies, grades, and for their professional life after graduation. Our experienced author, professor and consultant Michael Griffin, MBA, CMA, CFM, ChFC has outdone himself providing the clearest organization of concepts streamlined to offer facts, equations, examples and explanations in 6 laminated pages offering incredible value for quality course and professional support that you will not find anywhere else. Any business professional that deals with top-level management of multifaceted companies would also find this to be a great reference for facets they may not deal with on a daily basis, but that they are expected to understand regarding operations and strategy, again at an unbeatable value. 6 page laminated guide includes:Accounting BasicsAccounting StandardsConcepts & PrinciplesThe Accounting EquationFinancial Statements: Formal Reports of an EntityBalance Sheet (Statement of Financial Position)Classified Balance SheetRetained Earnings StatementIncome Statement (Statement of Earnings or Operations)Retained Earnings StatementStatement of Cash FlowsTransactionsThe Accounting CycleRecording TransactionsOperating Cycle of a Merchandise BusinessTypes of Business OrganizationsAccounting in BusinessInventory SystemsCorporate CharacteristicsAssetsCashAccounts Receivable & Notes ReceivableLong-Lived Assets & Related ExpensesCost Allocation MethodsInventoryDepreciationObligationsPayrollLiabilitiesOwners’ EquityStockAppropriations on Retained EarningsDividends