Unformatted text preview: 5. Journal entries and T-accounts 6. Current ratio and financial leverage ratio Chapter 3 1. Accrual basis accounting 2. Revenue recognition 3. Expense recognition 4. asset turnover ratio Chapter 4 1. Adjustments at the end of a period 2. Deferred revenues (e.g, unearned revenue) and deferred expense (e.g., prepaid expense and inventory) 3. Accrued revenues and accrued Expenses 4. A trial balance 5. Closing process...
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- Fall '08
- Balance Sheet, Generally Accepted Accounting Principles, asset turnover ratio, Financial leverage ratio