ALEKS - Assessment and Learning
   

B.2 MBA Financial Accounting Cycle Review

 

Basic Terminology
accnt223 Types of accounts
accnt001 Information classification into assets, liabilities, and change of equity
accnt002 Information classification into revenue, expense, or other
accnt004 Information classification into financial statements
accnt003 Account classification into financial statements
accnt007 Components of annual report
Basic Transactions and Financial Statements
accnt008 Balancing the basic accounting equation
accnt222 Basic structure of the Balance Sheet, the Income Statement, and the Statement of Changes in Retained Earnings
accnt014 Effect of transactions on accounts
accnt224 Effects of a transaction on assets, liabilities, and equity: Problem type 1
accnt225 Effects of a transaction on assets, liabilities, and equity: Problem type 2
accnt009 Changes to stockholders' equity: Problem type 1
accnt010 Changes to stockholders' equity: Problem type 2
accnt011 Completing a corporate balance sheet
accnt012 Completing an income statement
accnt013 Completing a retained earnings statement
accnt301 Creating a basic income statement
accnt302 Creating a basic equity statement
accnt303 Creating a basic balance sheet
accnt304 Basic tabular transaction
Journal Entries
accnt016 Normal account balances
accnt017 Trial balance errors
accnt018 Basic journal entry with the step-through method
accnt019 Journalization of transactions
accnt020 Ending balances of accounts
Adjusting Entries
accnt021 Adjusting entry calculations
accnt022 Adjusting entries: Accruals
accnt023 Adjusting entries with deferrals: Problem type 1
accnt024 Adjusting entries with deferrals: Problem type 2
accnt025 Property, plant, and equipment section of a balance sheet: Basic problem
accnt026 Effects of adjusting entries on financial statements: Problem type 1
accnt027 Effects of adjusting entries on financial statements: Problem type 2
Closing Process and Financial Statements
accnt028 Permanent and temporary accounts
accnt029 Closing entries
accnt030 Effects of closing entries on account balances
accnt031 Correcting entries
accnt032 Reversing entries: Selecting which entries should be reversed
accnt033 Reversing entries: Preparing a reversing entry
accnt034 Creating a balance sheet with asset depreciation
accnt305 Balance sheet subtotals
accnt307 Balance sheet classification
Merchandising Accounting
accnt036 Normal account balances for a retail company
accnt037 Account classification for a retail company
accnt038 Parts of the retail income statement
accnt226 Merchandising: FOB Shipping point or Destination and Discount
accnt039 Merchandising: Computing amount due
accnt040 Merchandising: Computing income statement amounts
accnt044 Merchandising: Closing entries
accnt041 Seller's retail entries: Problem type 1
accnt042 Seller's retail entries: Problem type 2
accnt227 Merchandising: Amount received by seller with FOB Shipping point and freight prepaid
accnt046 Seller's retail entries: Problem type 3
accnt043 Buyer's retail entries: Problem type 1
accnt045 Buyer's retail entries: Problem type 2
accnt047 Buyer's retail entries: Problem type 3
accnt048 Preparing a retail income statement
Advanced review topics
accnt054 Cash and cash equivalents
accnt078 Inventory costs
accnt092 Income statement with periodic inventory: Problem type 2
accnt095 Income statement with periodic inventory: Problem type 3
accnt111 Scrapping an asset
accnt112 Selling an asset
accnt141 Revenue recognition: Basic questions