Chapter 4: Completing the Accounting Cycle

Videos

1	Not completed	The Closing Process The Closing Process isn't hard. I dare say that it's even fun. I'll show you why.	11 min
2	Not completed	The Classified Balance Sheet The Classified Balance Sheet lets us see our assets and liabilities by groups, which gives us a little better overview.	5 min
3	Not completed	Current Assets We've already learned about assets, but now we're going to break it down a bit further and differentiate between current and non-current.	10 min
4	Not completed	Non-Current Assets We've already learned about Assets, but now we're going to break it down a bit further and differentiate between current and non-current.	11 min
5	Not completed	Current Liabilities We've already learned about Liabilities, but now we're going to break it down a bit further and differentiate between current and non-current.	7 min
6	Not completed	Non-Current Liabilites We've already learned about Liabilities, but now we're going to break it down a bit further and differentiate between current and non-current.	2 min
7	Not completed	Contributed Capital Shareholder's Equity is made up of two different components: Retained Earning and Contributed Capital. Here, we try to figure out what contributed capital is all about.	6 min
8	Not completed	Ratios: Current Ratio The Current Ratio is exceedingly simple, but quite helpful to businesses.	4 min

		Click Here to View All Problems at Once	View
1	Not completed	Closing Journal Accounts	Easy
2	Not completed	Current Assets	Easy
3	Not completed	Effect on the Current Ratio	Easy
4	Not completed	Closing Process	Moderate
5	Not completed	Solving for Missing Amounts	Moderate
6	Not completed	Account Classifications	Hard
7	Not completed	Year End Closing & Account Classification	Hard