Financial Accounting CoursepackFrom BCcampus Open Collection. Includes tutorial and exam questions, freely usable.
Analyze and record transactions
Prepare adjusting entries and explain the principles that guide these entries
Complete the accounting cycle
Evaluate and prepare financial statements including Single and Multi-step Income Statements, Classified Balance Sheets, and Statement of Changes in Owner’s Equity
Account for purchases and sales of merchandise including various inventory costing methods and valuation principles
Describe internal controls over cash transactions and complete bank reconciliations
Explain the nature, estimate, and statement presentation of accounts receivable and uncollectible accounts
Analyze and account for payroll liabilities
Serve businesses and stakeholders by applying accounting standards in order to make decisions and maintain integrity