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Financial Accounting Terms: Additions & Deductions to Net Income, Investments & Financing, Quizzes of Accounting

Southeastern Louisiana University Accounting

Definitions for various terms related to additions and deductions to net income, investing and financing activities in financial accounting. Terms include depreciation, loss on sale of plant assets, decrease in receivables, decrease in inventories, increase in accounts payable, and more. Additionally, terms related to investing activities such as sale of pp&e assets, sale of long-term investments, and collection of loans, as well as financing activities such as issuance of equity securities, issuance of debt, retirement of debt, and payment of dividends are covered.

Typology: Quizzes

2011/2012

Uploaded on 03/06/2012

johnarobertsjr 🇺🇸

5 documents

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Download Financial Accounting Terms: Additions & Deductions to Net Income, Investments & Financing and more Quizzes Accounting in PDF only on Docsity! TERM 1 addition to net income DEFINITION 1 depreciation or ammortization expenses TERM 2 addition to net income DEFINITION 2 loss on sale of plant assetes TERM 3 additions to net income DEFINITION 3 decrease in receivables TERM 4 additions to net income DEFINITION 4 decrease in inventories TERM 5 additions to net income DEFINITION 5 decrease in prepaid expenses TERM 6 additions to net income DEFINITION 6 increase in accounts payable TERM 7 additions to net income DEFINITION 7 increase in accrued liabilities TERM 8 deduction from net income DEFINITION 8 gain on sale of plant assets TERM 9 deduction from net income DEFINITION 9 increase in receivables TERM 10 deduction from net income DEFINITION 10 increase in inventories

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