Tài liệu Kế Toán - Kiểm Toán

Schedule that lists each invoice by days elapsed since due date Aging categories Not Yet Due 1-30 Days Past Due 21-60 Days Past Due etc.

16 trang | Chia sẻ: huyhoang44 | Ngày: 24/03/2020 | Lượt xem: 533 | Lượt tải: 0

Monthly bank statement conceptually a mirror image of company’s cash account Timing differences in recording of deposits and clearing of checks causes difference in balance between bank and books. Requires reconciliation

26 trang | Chia sẻ: huyhoang44 | Ngày: 24/03/2020 | Lượt xem: 485 | Lượt tải: 0

Merchandise inventory, beginning Purchases Transportation in Gross delivered cost of purchases Deduct: Purchases returns and allowances Purchases discounts Net cost of purchases Cost of goods available for sale Deduct: Merchandise inventory, ending Cost of goods sold

24 trang | Chia sẻ: huyhoang44 | Ngày: 24/03/2020 | Lượt xem: 619 | Lượt tải: 0

To study changes in Return on Assets Separate into two components Profit Margin Net income divided by Total revenues Total Asset Turnover Total revenues divided by Average total assets

12 trang | Chia sẻ: huyhoang44 | Ngày: 24/03/2020 | Lượt xem: 476 | Lượt tải: 0

Two situations Pay a cost of benefit in advance and allocate cost as expenses to periods that receive benefit Receive a cash revenue in advance and allocate amounts as revenues to periods in which revenues earned

28 trang | Chia sẻ: huyhoang44 | Ngày: 24/03/2020 | Lượt xem: 499 | Lượt tải: 0

Owners' Equity Appear on the right (credit) side of the equation Therefore: Increase them with credits Decrease them with debits

89 trang | Chia sẻ: huyhoang44 | Ngày: 24/03/2020 | Lượt xem: 532 | Lượt tải: 0

Classification - arrangement of financial statement items into groupings that have common basis Assets Current Property, plant, and equipment

29 trang | Chia sẻ: huyhoang44 | Ngày: 24/03/2020 | Lượt xem: 549 | Lượt tải: 0

The Statement of Retained Earnings: reports the earnings not distributed to shareholders. Accounts reported include beginning balance of retained earnings, current year’s net income, dividends distributed for the reporting period and the ending balance of retained earnings.

46 trang | Chia sẻ: huyhoang44 | Ngày: 24/03/2020 | Lượt xem: 565 | Lượt tải: 0

Bankruptcy is a legal process that occurs when a company (or individual) is unable to pay its debts Companies facing bankruptcy can make a proposal to their creditors to pay a percentage of what was owed at the time of the proposal, or they can request an extension to the timing of debt payment

54 trang | Chia sẻ: huyhoang44 | Ngày: 24/03/2020 | Lượt xem: 607 | Lượt tải: 0

Transactions that do not involve the direct receipt or disbursement of cash in the period such as: Asset purchased and paid for by assuming debt, or issuance of shares Exchanges of non-monetary assets Conversion of debt to equity Issuance of shares to retire debt Non-cash transactions are not reported on the Statement of Cash Flows If materia...

48 trang | Chia sẻ: huyhoang44 | Ngày: 24/03/2020 | Lượt xem: 548 | Lượt tải: 0