ACC 221 at Miami University

ACC-221-Spring-2023-Course-Schedule-Calendar-Tagged
Syllabus Info: ACC 221 - Spring 2023 Course Schedule-Calendar - Tagged

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Exam 1 Cram Kit
51 min

Unlock Exam Kit ($33.33)

Week 1 – Accounting Equation, General Journal & Ledger, Trial Balance, Balance Sheet 10 min 11 Concepts Sample Module

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Module Content

0% Complete 0/11 Steps

The Accounting Equation 0:41

Assets 0:55

Liabilities 0:55

Equity 0:35

Debits vs. Credits 0:24

Pre-Closing Trial Balance 0:43

Balance Sheet 0:45

Week 2 – Revenue vs. Expenses, Income Statement, Closing Process 12 min 9 Concepts

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Module Content

0% Complete 0/9 Steps

Accrual Basis Accounting 0:35

Revenues 1:24

Expenses 2:34

Accounts Receivable 1:25

Interest Payable 1:26

Income Statement 0:51

Closing Entries 2:06

General Ledger (with Closing Entries) 0:41

Post-Closing Trial Balance 0:40

Week 3 – Accounts Payable 2 min 1 Concept

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Accounts Payable 1:15

Week 4 – Adjusting Entries 16 min 5 Concepts

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Straight-Line Depreciation 2:11

Supplies 1:38

Prepaid Assets 2:51

Wages 5:55

Unearned Revenue 3:04

Week 4 – Notes Payable 8 min 3 Concepts

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0% Complete 0/3 Steps

Borrowing note 1:15

Accruing interest 2:22

Paying note at maturity 3:48

Week 5 – Dividends 3 min 2 Concepts

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0% Complete 0/2 Steps

Declaring dividend (with Retained Earnings) 1:24

Paying the dividend 1:05

Practice Exam 1 – ACC 221

Exam 2 Cram Kit
46 min

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Week 7 – Statement of Cash Flows 10 min 7 Concepts Sample Module

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Module Content

0% Complete 0/7 Steps

Purpose of Statement of Cash Flows 0:22

Source of Cash 1:29

Use of Cash 1:31

Operating vs. Investing vs. Financing 2:09

When to combine 1:37

When to break apart 0:48

Create your Statement of Cash Flows 1:12

Week 8 – Bank Reconciliation 16 min 11 Concepts

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Module Content

0% Complete 0/11 Steps

What is Bank Reconciliation? 0:52

Beginning balances 1:15

Deposits outstanding 0:56

Checks outstanding 1:04

Finalize Reconciliation Tables 0:48

Adjusting Entries for Bank Reconciliation 5:11

Week 8 – Uncollectible Accounts 9 min 4 Concepts

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0% Complete 0/4 Steps

Allowance for Uncollectible Accounts 1:05

Single Estimated % of Total A/R method 2:50

Aging method 2:54

Writing off Uncollectible Accounts 1:48

Week 8 – Notes Receivable 8 min 3 Concepts

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0% Complete 0/3 Steps

Issuing note 1:18

Earning interest 1:54

Collecting note at maturity 3:55

Week 9 – Inventory Costing (FIFO, Weighted-Average) 3 min 2 Concepts

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0% Complete 0/2 Steps

FIFO (First-In-First-Out) 1:33

Weighted-average 0:56

Practice Exam 2 – ACC 221

Final Exam Cram Kit
46 min

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Week 11 – Capitalize vs. Expense 1 min 2 Concepts Sample Module

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Module Content

0% Complete 0/2 Steps

Capitalize 0:21

Expense 0:22

Week 11 – Land vs. Building 2 min 2 Concepts

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0% Complete 0/2 Steps

Land 0:39

Building 0:37

Week 11 – Depreciation 2 min 2 Concepts

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0% Complete 0/2 Steps

Straight-Line Method 0:51

Activity-Based Method 1:01

Week 11 – Sale of Fixed Assets 3 min 3 Concepts

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0% Complete 0/3 Steps

Book Value 0:34

Gain 1:11

Loss 1:12

Week 11 – Goodwill 1 min 1 Concept

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0% Complete 0/1 Steps

Goodwill 0:43

Week 12 – Notes Payable 5 min 3 Concepts

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0% Complete 0/3 Steps

Issuing note (Borrower) 0:54

Accruing interest (Borrower) 1:42

Note at maturity (Borrower) 1:53

Week 12 – Payroll 5 min 3 Concepts

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Employer vs. Employee Burdens 0:39

Salaries Expense 1:49

Payroll Tax Expense 1:37

Week 12 – Gift Cards & Sales Tax 3 min 2 Concepts

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0% Complete 0/2 Steps

Gift Cards 1:16

Sales Tax with Gift Cards 1:17

Week 13 – Bonds 16 min 4 Concepts

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0% Complete 0/4 Steps

Bonds & annuities 1:34

Issued at par 4:22

Issued at discount 4:59

Issued at premium 4:55

Week 13 – Stocks & Dividends 8 min 4 Concepts

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Module Content

0% Complete 0/4 Steps

Practice Final Exam – ACC 221

ACC 221

Exam 1 Cram Kit 51 min

Exam 2 Cram Kit 46 min

Final Exam Cram Kit 46 min

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Exam 1 Cram Kit
51 min

Exam 2 Cram Kit
46 min

Final Exam Cram Kit
46 min