| 1 |
Current Assets
We've already learned about assets, but now we're going to break it down a bit further and differentiate between current and non-current.
|
9:57 | |
| 2 |
Non-Current Assets
We've already learned about Assets, but now we're going to break it down a bit further and differentiate between current and non-current.
|
10:25 | |
| 3 |
Current Liabilities
We've already learned about Liabilities, but now we're going to break it down a bit further and differentiate between current and non-current.
|
6:24 | |
| 4 |
Non-Current Liabilites
We've already learned about Liabilities, but now we're going to break it down a bit further and differentiate between current and non-current.
|
2:00 | |
| 5 |
Contributed Capital
Shareholder's Equity is made up of two different components: Retained Earning and Contributed Capital. Here, we try to figure out what contributed capital is all about.
|
5:10 | |
| 6 |
The Classified Balance Sheet
The Classified Balance Sheet lets us see our assets and liabilities by groups, which gives us a little better overview.
|
4:48 | |
| 7 |
Retained Earnings vs Shareholder's Equity
What is the Statement of Shareholder's Equity? Let's make it up together.
|
6:41 | |
| 8 |
Ratios: Current Ratio
The Current Ratio is exceedingly simple, but quite helpful to businesses.
|
4:00 | |
| 9 |
T-Accounts
T-Acounts are the 30,000 ft. view of your accounts. They help you quickly glance at an account and see what is going on inside of it.
|
3:15 | |
| 10 |
Debits and Credits
Debits and Credits are the words of accounting. You must understand debits and credits if you want to be able to pass this class.
|
6:49 |
| Click Here to View All Chapter 2 Problems at Once | View | ||
| 1 | Current Assets | Easy | |
| 2 | Effect on the Current Ratio | Easy | |
| 3 | Retained Earnings | Easy | |
| 4 | T/F: T-Account Logic | Easy | |
| 5 | Solving for Missing Amounts | Moderate | |
| 6 | The Effect of Journal Entries | Moderate | |
| 7 | Account Classifications | Hard |