Study Guide for Test 3

Study Guide for Test 3 - Accounting 200 - Exam 3 Study...

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Accounting 200 - Exam 3 Study Guide Carryover material Accounting Equation (increase/decrease questions) Debits/Credit Rules and normal balances Financial statements: Multi-step Income Statement, Statement of Retained Earnings and Balance Sheet and know how each is composed and how they are affected by journal entries Application of Revenue Recognition, Matching Principle, Cost Principle Use of all accounts learned in prior chapters Ability to distinguish difference between trial balance and financial statements Appendix C Calculate present value of single sum Calculate present value of an annuity Calculate future value of a single sum Calculate future value of an annuity Calculate the present value of a bond Chapter 10 Notes Payable (Appendix 10C) Calculation of monthly interest expense Journal entry for monthly payment of a note payable and interest expense Ending Note payable balance after monthly payment of interest and principal Identification of Current and Long-term liabilities
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This note was uploaded on 04/02/2008 for the course ACCT 200 taught by Professor Cohen during the Spring '07 term at Arizona.

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Study Guide for Test 3 - Accounting 200 - Exam 3 Study...

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