FAC2 (FAC2)

Provides in-depth summary of chapter 2. topics include Accounts, Debits, and Credits, The Journal, The Ledger and Trail Balance

Provides in-depth summary of chapter 13. topics include Debt Investments, Share Investments, Trading Securities, Non-Trading Securities

Provides in-depth summary of chapter 12. topics include Organization, Share Transactions (Ordinary Shares, Preference Shares, Treasury Shares) and Equity,

Provides in-depth summary of chapter 11. topics include Types of Bonds, Bond Transactions, Long-Term Notes Payable, Effective-Interest Method of Bond Amortization, Straight-Line Amortization

Provides in-depth summary of chapter 9. topics include Determining the Cost of Plant Assets, Depreciation Methods (Straight-line, Units-of-activity, Declining-balance), Revaluation of Plant Assets, Plant Asset Disposals

Provides in-depth summary of chapter 6. topics include Inventory Methods and Financial Effects ( First-In, First-Out (FIFO), Average-Cost, Lower-of-Cost-or-Net Realizable Value (LCNRV), LIFO Inventory Method

Provides in-depth summary of chapter 10. topics include Accounts Payable, Notes Payable, Value-Added and Sales Taxes Payable, Unearned Revenues, Salaries and Wages

Provides in-depth summary of chapter 14. topics include format of statement, Indirect and Direct Methods. includes examples.

Provides in-depth summary of chapter 1. topics include t-accounts, assets, liabilities and equity accounts, Historical Cost Principle, Fair Value Principle, Monetary Unit Assumption, Economic Entity Assumption