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CHAPTER 3 PREPARING FINANCIAL STATEMENTS

CHAPTER 3 PREPARING FINANCIAL STATEMENTS

www.harpercollege.edu

PREPARING FINANCIAL STATEMENTS Key Terms and Concepts to Know Accounting Period: Time Period Principle Calendar vs. Fiscal Year Accounting Cycle: Know the steps in order. Use the steps as a reference to insure that journal entries, trial balances and financial statements are prepared in the proper order. Accrual Basis Accounting:

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CHAPTER 3: PREPARING FINANCIAL STATEMENTS

CHAPTER 3: PREPARING FINANCIAL STATEMENTS

www.ccs.edu

Financial Accounting Fundamentals, Ch. 3, Wild, 2009. Page 1 CHAPTER 3: PREPARING FINANCIAL STATEMENTS I. TIMING AND REPORTING A. The Accounting Period Time period assumption—an organization’s activities can be divided into specific time periods. Examples: a month, a three-month quarter, a six-month interval, or a year

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Financial Management and Analysis of Projects

Financial Management and Analysis of Projects

www.adb.org

Financial management and analysis of ADB projects has been conducted since ADB was founded. To improve the uniformity, approach, and coverage of financial analysis, ADB ... Preparing Financial Benefit-Cost Analyses 3.5.1. Introduction 3.5.2. Determining the …

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