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Topic outline

  • Financial Statements

    • The Accounting Equation EXAMPLE Page
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    • Understanding Assets, Liabilities and Equity Page
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    • Preparing the Financial Statements Page
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    • Preparing the Income Statement Page
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    • Preparing the Statement of Changes in Equity Page
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    • Preparing The Balance Sheet Page
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    • Financial Ratios Page
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  • Journal Entries

    • Journal Entries Example Page
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    • T-Accounts Explained Page
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    • The Trial Balance Example Page
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  • Adjusting Journal Entries

    • Adjusting Journal Entries Example Page
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    • Adjusting Journal Entries - MORE EXAMPLES Page
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    • Adjusted Trial Balance Page
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    • Preparing Detailed Financial Statements Page
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    • Closing Journal Entries EXPLAINED Page
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  • Bank Reconcilliations

    • Bank Reconciliation Example Page
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    • Completing Bank Reconciliations - The Journal Entries Page
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  • Receivables

    • Accounts Receivable - Percentage of Sales Method Example Page
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    • Accounts Receivable - Aging of Receivables Method Page
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    • How do you Write Off an Receivable? Page
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  • Inventory

    • Inventory Discounts (2/10, Net 30) EXPLAINED Page
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    • Income Statement Example - NOW WITH COGS! Page
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    • Merchandiser's Financial Statements - Stmt of Changes in Equity Page
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    • Merchandiser's Financial Statements - Balance Sheet Page
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  • Inventory and COGS

    • Inventory - FIFO Method FIXED Page
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    • Inventory - LIFO Method Page
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    • Inventory - Weighted Average (Average Cost) Method Page
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  • Depreciable Assets

    • Straight-Line Depreciation Example Page
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    • Units of Production Depreciation Example Page
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    • Double Declining Balance Depreciation Example Page
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    • Selling an Asset at a Gain or Loss Example Page
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  • Liabilities, Warrants and Bonds

    • Bonds issued at a Discount Page
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    • Bonds issued at a Premium Page
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  • Shareholder's Equity

    • Shareholders' Equity Example Problem Page
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  • Statement of Cash Flows

    • Statement of Cash Flows Example - Direct Method Page
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    • Statement of Cash Flows Example - Indirect Method Page
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    • Statement of Cash Flows - Investing and Financing Sections Page
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  • Analysing Financial Statements

    • Horizontal Analysis Page
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    • Vertical Analysis Page
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    • Financial Ratio Calculations and Analysis Page
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