FinancialAccounting101FinalCh.

112StudyGuide
Chapter Question Topic
7 1 The factors that need to be known to compute depreciation are an asset's
7 2 Allocationbaseamountfordepreciationcalculation
7 3 Intangibleassetsnotamortized
7 4 Amounttorecordassetpurchaseplusshippingcost
7 5 Amountstocapitalizeasafixedasset
7 6 Calculatebookvalueusingsstraightlinemethod
7 Calculatedepreciationexpenseusingstraightline
7 8 Calculatedepreciationexpenseusingdoubledecliningbalance
7 9 Calculategainorlossonsaleofasset
7 10 Whatcostscanbecapitalizedaspartofabuiling?
8 11 DefinitionofCurrentRatio
8 12 Balancesheetclassificationofpaymentinadvanceforservices
8 13 Characteristicsofaliability
8 14 Calculateinterestexpenseonanoteatyearend
8 15 JournalEntrytorecordinterestexpenseonanote
8 16 Calculatecashrequiredtorepayanoteandinterest
8 17 CalculateWarrantyLiabilitybasedonyearlysales
8 18 JournalEntrytorecordsaleforwhichpaymenthasbeenreceivedinadvance
8 19 Calculateinterestpayableonnotepayable
9 20 Determineifbondwasissuedatpremiumordiscount
9 21 Componentsofcalculatinginterestexpenseonabondpayable
9 22 Determineifbondwasissuedatpremiumordiscount
9 23 Determineifbondwasissuedatpremiumordiscountbasedonamortizationschedule
9 24 Determineissuepriceofbonds
9 25 Determinelifeofbonds
9 26 Calculatestatedinterestrateonbonds
9 27 Calculatemarketinterestrateonbonds
9 28 Incomestatementimpactonbondretirement
9 29 Bondsususallysellatwhatvalue(face,maturity,presentvalue)
10 30 Definitionofparvalue
10 31 Entryandcalculationtorecorddividendpayable
10 32 Debittoretainedearningsforstockdividendisawhatvalue?
10 33 authorized,issued,outstandingshares
10 34 Journalentrytorecordstockissuance
10 35 Calculateequitybalancebasedonaccountactivity
10 36 Journalentrytorecordtreasurystockpurchase
10 37 Impacttoretainedearningsfromdeclarationofstockdividend
10 38 Examplesofrightsofcommonstockholders
11 39 Statementofcashflowclassification:noncashactivity
11 40 Relationshipofbalancesheetaccountswithclassificationoncashflowstatement
11 41 Classifycashflowsofinterestanddividendpayments
11 42 Examplesoffinancingactivity
11 43 Examplesofinvestingactivity
11 44 Examplesofinvestingactivity
11 45 Examplesofnoncashactivity
11 46 Namethreesectionsofcashflowstatement
11 47 Classifcationofinterestpaymentsoncashflow
11 48 Whichassetandliabilityaccountsaffectoperatingactivity
FinancialAccounting101FinalCh.112StudyGuide
Chapter Question Topic
12 49 Baseforveriticalanalysis
12 50 Exampleofhorizontalanalysis
12 51 Definitionofextraordinaryitem
12 52 Examplesofconservativeaccountingpractice
12 53 Calculatereceivablesturnover
12 54 Calculateinventoryturnover
12 55 Calculatedebttoequityration
12 56 Calculategrossprofitratio
12 57 Calculatereturnonassets%
12 58 Calculateprofitmargin%
12 59 Calculatereturnonequity
1 60 Theaccountingequation
1 61 Definitionofnetincome
1 62 Normalbalancesforliabilities
2 63 Normalbalancesforliabilities
2 64 Definitionofmatchingprinciple
2 65 Howtorecordrentcollectedinadvance