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18 Cards in this Set

  • Front
  • Back
End Retained Earnings
Beg RE+ NI- Dividends paid
Gross profit
Sales Rev- CGS
Contributed Capital
Begin CC + Stock sales
Total Equity
Contributed Capital + Retained Earnings
Accounts Recievable Turnover Ratio
Sales Rev/ Avg Accts Rec
Average collecting period
365/ Acct Rec turnover ratio
Inventory turn over ratio
CGS / AVG Inventory
# of Days of inventory
365/ Inventory turnover ratio
Sum of years digits
(Cost - Salvage Val) * (Life Left / SYD)
Double Decliningq
Current BV * 2 / Life
Amortization Table
Date
Payment
Interest
Reduction of Principle
Loan Balance
Bank Acted Company did not
Deposits
Withdrawls
D: interest earned
W: NSF checks, service charges
Company Acted Bank did not
Deposits
Withdrawls
D: deposits in transit
W: Outstanding Checks
Operating Activities
Revenues and Expenses
Investing Activities
Long term assests, PPE, Intangibles, Stock owned by company, loans made by company
Financing Activities
Stock sales, loans, dividends paid, loans recieved
Net Realizable Value
Accounts REceivable - Allowance for bad debt
Allowance for bad debt T account
Beginning Balance on either
Debit: Write offs
Credit: Bad Debt Expense