- Adjusting Entries
- Accruals and Deferrals
- Accrual Basis Accounting
- Closing Journal Entries
- Steps of Accounting Cycle
- Accounting Equation
- Debits and Credits
- Accounting Journal Entries
- Elements of Income Statement
- Operating Expenses
- Nonoperating Income and Expenses
- Net Income
- Profitability and Activity Ratios
- Multiple Step Income Statement Practice
- Elements of Balance Sheet
- Classified Balance Sheet
- Classification of Assets
- Classification of Liabilities
- Components of Stockholders’ Equity
- Liquidity and Solvency Ratios
- Classified Balance Sheet Practice
- The Objective of Accounting
- Users of Accounting Information
- Generally Accepted Accounting Principles (GAAP)
- Characteristics of Useful Information
- Assumptions of Financial Reporting
- Types of Financial Statements
- Elements of Financial Statements
- Forms of Business Organizations
- Types of Business Activities