Accy 201 ole miss Study guides, Class notes & Summaries

account - a record of increases and decreases in a specific asset, liability, equity, revenue, or expense item. accounting - an information and measurement system that identifies, records, and communicates relevant, reliable, and comparable information about an organization's business activities. accrual basis accounting - type of accounting that uses the adjusting process to recognize revenues when earned and expenses when incurred (matched with revenues). accrued expenses - refers to co...

bank reconciliation - a report explaining any differences between the checking account balance according to the depositor's records and the balance reported on the bank statement. cash - currency and coins along with the amounts on deposit in bank accounts, checking accounts, and many savings accounts. cash discount - reduction in a receivable or payable if it is paid within the discount period. cash equivalents - short-term, highly liquid investment assets meeting two criteria: (1) readil...

ACCY 201 - test 1 - Ole Miss - Burney Verified Questions And Answers Already Graded A+

Burney ACCY 201 FINAL (Ole Miss) (1)

Accy 201 Ole Miss Final Exam Verified Questions And Answers Already Graded A+

Accy 201 final ole miss Verified Questions And Answers Already Graded A+

Burney ACCY 201 FINAL (Ole Miss)

Accy 201 - Test 2 - Ole Miss - Burney Verified Questions And Answers Already Graded A+