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Chapter 2: Transaction Analysis – Financial Accounting Study Notes

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Fundamental Accounting Equation

  • Guided course
    Fundamental Accounting Equation
    02:47
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    Fundamental Accounting Equation
    08:45

Journal Entries: Debits and Credits

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    Journal Entries: Debits and Credits
    02:35
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    Journal Entry
    04:24

Trial Balance

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    Constructing a Trial Balance
    06:06
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    Using T-Accounts
    06:43

Types of Accounting

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    Types of Accounting: Financial and Managerial
    04:10

Business Organization

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    Business Organization
    06:59

Useful Information

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    Fundamental Qualitative Characteristics
    03:16

The Financial Statements

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    Account Title Classification
    09:57

Accrual Accounting vs. Cash Basis Accounting

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    Cash Basis Accounting
    04:05
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    Accrual Accounting
    06:49

Revenue Recognition and Expense Recognition

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    Revenue Recognition Principle
    03:24
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    Expense Recognition - The Matching Principle
    04:18

Ratios: Working Capital and the Current Ratio

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    Ratios: Working Capital and the Current Ratio
    07:11

Ratios: Debt to Asset Ratio

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    Ratios: Debt to Asset Ratio
    02:07

Ratios: Profit Margin

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    Ratios: Profit Margin
    03:08

Ratios: Gross Profit Rate

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    Ratios: Gross Profit Percentage
    04:14

Ratios: Return on Assets (ROA)

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    Ratios: Return on Assets (ROA)
    03:42

Retained Earnings

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    Retained Earnings and the BASE Formula
    04:45
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    Retained Earnings and the BASE Formula
    05:57

Dividends and Dividend Preferences

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    Dividend Payment Preferences
    05:30
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    Dividend Payment Date
    02:13
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    Dividend Record Date
    01:38

Shares Authorized, Issued, and Outstanding

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    Shares Authorized, Issued, and Outstanding
    05:38