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Current Assets - principlesofaccounting.com
  • Chapters 1-4 The Accounting Cycle
    • Chapter 1: Welcome to the World of Accounting
    • Chapter 2: Information Processing
    • Chapter 3: Income Measurement
    • Chapter 4: The Reporting Cycle
  • Chapters 5-8 Current Assets
    • Chapter 5: Special Issues for Merchants
    • Chapter 6: Cash and Highly-Liquid Investments
    • Chapter 7: Accounts Receivable
    • Chapter 8: Inventory
  • Chapters 9-11 Long-Term Assets
    • Chapter 9: Long-Term Investments
    • Chapter 10: Property, Plant, & Equipment
    • Chapter 11: Advanced PP&E Issues/Natural Resources/Intangibles
  • Chapters 12-14 Liabilities/Equities
    • Chapter 12: Current Liabilities and Employer Obligations
    • Chapter 13: Long-Term Obligations
    • Chapter 14: Corporate Equity Accounting
  • Chapters 15-16 Using Information
    • Chapter 15: Financial Reporting and Concepts
    • Chapter 16: Financial Analysis and the Statement of Cash Flows
  • Chapters 17-20 Managerial/Cost
    • Chapter 17: Introduction to Managerial Accounting
    • Chapter 18: Cost-Volume-Profit and Business Scalability
    • Chapter 19: Job Costing and Modern Cost Management Systems
    • Chapter 20: Process Costing and Activity-Based Costing
  • Chapters 21-24 Budgeting/Decisions
    • Chapter 21: Budgeting – Planning for Success
    • Chapter 22: Tools for Enterprise Performance Evaluation
    • Chapter 23: Reporting to Support Managerial Decisions
    • Chapter 24: Analytics for Managerial Decision Making

Current Assets

  1. Home

Chapter 5: Special Issues for Merchants

The Merchandising Operation — Sales

Purchase Considerations For Merchandising Businesses

Alternative Inventory System

Income Statement Enhancements

The Control Structure

 

Chapter 6: Cash and Highly-Liquid Investments

Cash Composition

Cash Management

Bank Reconciliation

Petty Cash

Trading Securities

 

Chapter 7: Accounts Receivable

The Costs And Benefits Of Selling On Credit

Accounting For Uncollectible Receivables

Alternative Approaches For Uncollectibles

Notes Receivable

 

Chapter 8: Inventory

The Components Of Inventory

Inventory Costing Methods

Perpetual Inventory Systems

Lower Of Cost Or Net Realizable Value

Inventory Estimation Techniques

Inventory Management

 

Need help preparing for an accounting cycle exam? Check out ExamCram the exam preparation tool!

 

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  • Long-Term Assets

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Principlesofaccounting.com ™ Copyright © 2023. All rights reserved.
  • Chapters 1-4
    • Chapter 1: Welcome to the World of Accounting
    • Chapter 2: Information Processing
    • Chapter 3: Income Measurement
    • Chapter 4: The Reporting Cycle
  • Chapters 5-8
    • Chapter 5: Special Issues for Merchants
    • Chapter 6: Cash and Highly-Liquid Investments
    • Chapter 7: Accounts Receivable
    • Chapter 8: Inventory
  • Chapters 9-11
    • Chapter 9: Long-Term Investments
    • Chapter 10: Property, Plant, & Equipment
    • Chapter 11: Advanced PP&E Issues/Natural Resources/Intangibles
  • Chapters 12-14
    • Chapter 12: Current Liabilities and Employer Obligations
    • Chapter 13: Long-Term Obligations
    • Chapter 14: Corporate Equity Accounting
  • Chapters 15-16
    • Chapter 15: Financial Reporting and Concepts
    • Chapter 16: Financial Analysis and the Statement of Cash Flows
  • Chapters 17-20
    • Chapter 17: Introduction to Managerial Accounting
    • Chapter 18: Cost-Volume-Profit and Business Scalability
    • Chapter 19: Job Costing and Modern Cost Management Systems
    • Chapter 20: Process Costing and Activity-Based Costing
  • Chapters 21-24
    • Chapter 21: Budgeting – Planning for Success
    • Chapter 22: Tools for Enterprise Performance Evaluation
    • Chapter 23: Reporting to Support Managerial Decisions
    • Chapter 24: Analytics for Managerial Decision Making
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