BM II Unit 6 CSA #1

Required

1

What is the accounting equation

Required

1

How is accounts payable classified in regards to the accounting equation

BM2.8

Required

1

How is accounts receivable classified in regards to the accounting equation

BM2.8

Required

1

During the month Computer King purchased supplies for $1,350 from a supplier agreeing to pay in the near future - Computer King would regard this transaction as

BM2.8

Required

1

Computer King received a check from a client for the invoice/bill sent to the client last week. This affects what account?

BM2.8

Required

1

Computer King is paying the invoice it received from Office Max for previously purchased supplies. How would this transaction be recorded in Computer Kings accounting documents?

BM2.8

Required

1

Computer King received a check from Paradise Honors for services performed on the computers at the high school last month. How would this transaction be recorded in Computer King account docs

BM2.8

Required

1

Any resource owned or controlled by a business/property regarded as having value

Required

1

Something a person or company owes/debt - usually money

Required

1.5

BM2.5

Required

1

How do you calculate a vertical financial analysis on an Balance Sheet

BM2.5

Required

1

BM2.5

Required

0.5

Required

0.5

Required

0.5

Required

0.5

Required

0.5

Required

0.5

BM II Unit 6 CSA #1

What is the accounting equation

How is accounts payable classified in regards to the accounting equation

How is accounts receivable classified in regards to the accounting equation

During the month Computer King purchased supplies for $1,350 from a supplier agreeing to pay in the near future - Computer King would regard this transaction as

Computer King received a check from a client for the invoice/bill sent to the client last week. This affects what account?

Computer King is paying the invoice it received from Office Max for previously purchased supplies. How would this transaction be recorded in Computer Kings accounting documents?

Computer King received a check from Paradise Honors for services performed on the computers at the high school last month. How would this transaction be recorded in Computer King account docs

Any resource owned or controlled by a business/property regarded as having value

Something a person or company owes/debt - usually money

How do you calculate a vertical financial analysis on an Balance Sheet

What is the accounting equation

How is accounts payable classified in regards to the accounting equation

How is accounts receivable classified in regards to the accounting equation

During the month Computer King purchased supplies for $1,350 from a supplier agreeing to pay in the near future - Computer King would regard this transaction as

Computer King received a check from a client for the invoice/bill sent to the client last week. This affects what account?

Computer King is paying the invoice it received from Office Max for previously purchased supplies. How would this transaction be recorded in Computer Kings accounting documents?

Computer King received a check from Paradise Honors for services performed on the computers at the high school last month. How would this transaction be recorded in Computer King account docs

Any resource owned or controlled by a business/property regarded as having value

Something a person or company owes/debt - usually money

What are components of an Balance Sheet

How do you calculate a vertical financial analysis on an Balance Sheet

How do you complete BOTH calculations for a horizontal financial analysis on financial statements

What is A

What is B (round to the nearest whole number)

What is D

What is E (round to the nearest whole number)

What is F

What is G (round to the nearest whole number)

What is A

What is B (round to the nearest whole number)

What is D

What is E (round to the nearest whole number)

What is F

What is G (round to the nearest whole number)