acct229
at Texas A&M
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Chapters
Problems & Videos
Chapter 1
Debits, Credits, and the Accounting Equation
Chapter 2
The Financial Statements
Chapter 3
Journals, Ledgers, T-Accounts, and Normal Balances
Chapter 4
Differences in Timing, Adjusting Entries, and the Closing Process
Chapter 5
All About Inventory
Chapter 6
Cash and Bank Reconciliations
Chapter 7
Accounts Receivable and Bad Debts
Chapter 8
Long Term Assets and Depreciation
Chapter 9
Current Liabilities, Contingencies, and the Time Value of Money
Chapter 10
Bonds, Bonds, and Bonds
Chapter 11
Shareholder's Equity
Chapter 12
Cash Flows
Resources
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PVOA Table
PV$1 Table
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Formulas
Important formulas for each chapter
Chapter 1
Debits, Credits, and the Accounting Equation
Chapter 2
The Financial Statements
Chapter 3
Journals, Ledgers, T-Accounts, and Normal Balances
Chapter 4
Differences in Timing, Adjusting Entries, and the Closing Process
Chapter 5
All About Inventory
Chapter 6
Cash and Bank Reconciliations
Chapter 7
Accounts Receivable and Bad Debts
Chapter 8
Long Term Assets and Depreciation
Chapter 9
Current Liabilities, Contingencies, and the Time Value of Money
Chapter 10
Bonds, Bonds, and Bonds
Chapter 11
Shareholder's Equity
Chapter 12
Cash Flows
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acct229.com Formula Sheet
Contributed Capital
+ Retained Earnings
Shareholder's Equity
(or Owner's Equity)
Beginning RE
+ Net Income
– Dividends
Ending RE
Revenues
– Expenses
Net Income
Depreciable Base = Cost - Salvage Value
Straight Line Depreciation Expense = Depreciable Base / Useful Life
Assets
– Accumulated Depreciation
Book Value