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Financial Accounting Essentials
Spending Quality Time with the Balance Sheet
Curriculum
3 Sections
15 Lessons
10 Weeks
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Chapter 7: Assessing the Balance Sheet’s Asset Section
4
1.1
Homing in on Historic Cost
10 mins
1.2
Learning What Makes an Asset Current
10 mins
1.3
Keeping Track of Noncurrent (Long-Term) Assets
10 mins
1.4
Studying the Asset Section of the Balance Sheet
10 mins
Chapter 8: Digging for Debt in the Liabilities Section
4
2.1
Seeing How Businesses Account for Liabilities
10 mins
2.2
Keeping Current Liabilities under Control
10 mins
2.3
Planning for Long-Term Obligations
10 mins
2.4
Accounting for Bond Issuances
10 mins
Chapter 9: Letting Owners Know Where They Stand: The Equity Section
7
3.1
Distinguishing Different Types of Business Entities
10 mins
3.2
Defining Paid-in Capital
10 mins
3.3
Recording Retained Earnings
10 mins
3.4
Spotting Reductions to Stockholders’ Equity
10 mins
3.5
Learning about Stock Splits
10 mins
3.6
Accounting for Accumulated Other Comprehensive Income
10 mins
3.7
Seeing a Sample Equity Section of the Balance Sheet
10 mins
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