The Trial Blending Space is for evaluation purposes only.
This comprehensive course contains 16 sections with 95 self-grading lessons, including final assessments. The first section is available to try for free.
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This is the final assessment for Role of Accounting in Society. (Available when you subscribe.)
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2.1 Financial Statements and Balance Sheets2.2 Assets, Liabilities, Equity, Revenue and Expenses2.3 Prepare Financial Statements and Balance SheetsFinal Assessment
3.1 Principles, Assumptions, and Concepts of Accounting3.2 The Expanded Accounting Equation3.3 Initial Steps in the Accounting Cycle3.4 Using the Accounting Equation3.5 Using Journal Entries3.6 Prepare a Trial BalanceFinal Assessment
4.1 Adjusting Entries4.2 The Adjustment Process4.3 Common Types of Adjusting Entries4.4 Adjusted Trial Balance and Ledger Entries4.5 Adjusted Trial Balance and Financial StatementsFinal Assessment
5.1 Business Closing Entries5.2 The Post-Closing Trial Balance5.3 Computing Current Ratio and Working Capital BalanceFinal Assessment
6.1 Merchandising, Service Activities and Transactions6.2 Perpetual and Periodic Inventory Systems6.3 Using the Perpetual Inventory System for Merchandise Purchases6.4 Using the Perpetual Inventory System for Merchandise Sales6.5 Applying Commonly Used Freight-In Methods6.6 Income Statements for Merchandising CompaniesFinal Assessment
7.1 Components of an Accounting Information System7.2 The Purpose of Special Journals7.3 Using Special Journals7.4 Subsidiary Ledgers7.5 Career PathsFinal Assessment
8.1 Analyzing Fraud8.2 The Purpose of Internal Controls8.3 Organizational Internal Controls8.4 Petty Cash Funds8.5 Maintaining Internal Controls8.6 Bank Reconciliation8.7 Financial Statement FraudFinal Assessment
9.1 The Revenue Recognition Principle9.2 Accounting for Uncollectable Accounts9.3 Using Financial Ratios to Determine Efficiency9.4 The Role of Accounting for Receivables9.5 Applying Revenue Recognition Principles9.6 The Difference Between Notes Receivable and Accounts ReceivableFinal Assessment
10.1 Basic Inventory Valuation Methods10.2 Calculating Cost of Goods Sold Using the Periodic Method10.3 Calculating Cost of Goods Sold Using the Perpetual Method10.4 The Impact of Inventory Valuation Errors10.5 Inventory ManagementFinal Assessment
11.1 Tangible and Intangible Assets11.2 Capitalized Costs and Expenses11.3 Depreciation Methods11.4 Intangible Assets and Record Related Transactions11.5 Special Issues for Long-Term AssetsFinal Assessment
12.1 Identifying Current Liabilities12.2 Analyzing and Reporting Current Liabilities12.3 Contingent Liabilities12.4 Recording Short-Term Notes Payable12.5 Preparing PayrollFinal Assessment
13.1 Long-Term Liabilities Pricing13.2 Amortization of Long-Term Liabilities13.3 The Life Cycle of BondsFinal Assessment
14.1 Securing Equity Financing through Stock14.2 Issuing and Repurchasing of Stock14.3 Cash Dividends, Property Dividends, Stock Dividends, and Stock Splits14.4 Owners' Equity and Retained Earnings14.5 Measuring Performance through Earnings Per ShareFinal Assessment
15.1 Partnership Advantages and Disadvantages15.2 Creating a Partnership15.3 Allocating Partners' Share of Income and Loss15.4 Recording Partner Admissions and Withdrawals15.5 Partnership DissolutionFinal Assessment
16.1 The Purpose of the Statement of Cash Flows16.2 Operating, Investing, and Financing Activities16.3 Statement of Cash Flows Using the Indirect Method16.4 Completed Statement of Cash Flows Using the Indirect Method16.5 Preparing Ratios to Assess Liquidity and SolvencyFinal Assessment
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