# Accounting Chapter 6

Right side – The credit side of a T-account is the
CPA (certified public accountant) – mérlegképes könyvelő
market to book ratio (price to book ratio) – market price of per share / book value per share
Consistency – A company uses the same accounting principles from year to year
price-earnings ratio – reported measure of a company's value; company's market price per share of stock divided by the company's annual earnings per share (eps)
Multicollinearity is NOT a concern in simple regression. – True
Common stock increases with – Credit
restricted endorsement – transfer ownership to a specific owner and then limits, or restricts, how a check may be handled even after ownership is transferred
Partnership – Business is owned by two or more persons
Here are the formulas in text form provided for this exam. Vector quantities are in bold face. F=ma vf,x = vi,x + axΔt                            ωf = ωi + αΔt vf,x2 = vi,x2 + 2axΔx                       ωf2 = ωi2 + 2αΔθ xf = xi + vi,xΔt + (1/2)axΔt2            Δθ = ωΔt + 0.5*αΔt2 xf = xi + vi,xΔt                                Δθ = ωΔt  cos(θ) = adjacent/hypotenusesin(θ) = opposite/hypotenusetan(θ) = opposite/adjacent Δx = rΔθ           v = rω               a = rα |A| =√(Ax2 + Ay2) |Fg| = mg,         |Ff,s|  ≤ μs FN ,      |Ff,k |  = μk FN  τ = |F||r|sin(θ) ac = v2/R |Fg| = Gm1m2/r2 W = |F||d|cos(θ)     KE = 0.5*mv2     PEG=mgy     PEel = 0.5*kx2     P=ΔE/Δt ΔEsystem = Wnet p = mv   Δp = FnetΔt   J = FnetΔt  mAvA,i + mBvB,i + … = mAvA,f + mBvB,f + … xCM = (mAxA + mBxB + …) / (mA + mB + …) ∑τ = Iα           KErotational = 0.5* Iω2 L = Iω            ∑τ= ΔL/Δt          F = kΔL        F=-kx.       F/A = E(ΔL/L0) ΔL/L0 = (1/G)F/A          ΔV/V0 = (-1/B)ΔP T = 2π √(m/k)         T=2π √(L/g)            v=fλ         v= √(FT/μ)            I=P/(4πR2)      β (in dB) = 10*log(I/I0) λn = 2L/n (fixed/open both ends) λn = 4L/n (tube closed at one end) f' = f (vsnd ± vobs) / (vsnd ∓ vobs) g = 9.8 m/s2 G = 6.67×10-11 Nm2/kg2 2π radians = 360° Prefixes: f     10-15 p     10-12 n     10-9 μ     10-6 m     10-3 c     10-2 k     103 M     106 G     109   Answer this question: Which of the following formulas is the moment of inertia for a carousel ride platform? (Select all that apply)
Worksheet – An arrangement of columns used to gather and organise infor to prepare financial statements
Postdated Check – A check with a future date on it
Discretionary fixed costs – those fixed costs that arise from annual decisions by management to spend on certain fixed cost items, such as advertising and research (p31)
90. The assumption that the assets and liabilities of the business are accounted for on the books of the company but not included in the records of the owner is the:
A. Monetary unit assumption.
B. Going concern assumption.
C. Economic entity assumption.
D. Periodicity assumption. – C. Economic entity assumption.
tests of debt service – total capitalization ratio is from _
Dividends – Stockholders Equity
Statement of Retained Earnings – A statement that builds a bridge between the retained earnings that existed at the beginning and end of a particular period.
Here аre the fоrmulаs in text fоrm prоvided for this exаm. Vector quantities are in bold face. F=ma vf,x = vi,x + axΔt                            ωf = ωi + αΔt vf,x2 = vi,x2 + 2axΔx                       ωf2 = ωi2 + 2αΔθ xf = xi + vi,xΔt + (1/2)axΔt2            Δθ = ωΔt + 0.5*αΔt2 xf = xi + vi,xΔt                                Δθ = ωΔt  cos(θ) = adjacent/hypotenusesin(θ) = opposite/hypotenusetan(θ) = opposite/adjacent Δx = rΔθ           v = rω               a = rα |A| =√(Ax2 + Ay2) |Fg| = mg,         |Ff,s|  ≤ μs FN ,      |Ff,k |  = μk FN  τ = |F||r|sin(θ) ac = v2/R |Fg| = Gm1m2/r2 W = |F||d|cos(θ)     KE = 0.5*mv2     PEG=mgy     PEel = 0.5*kx2     P=ΔE/Δt ΔEsystem = Wnet p = mv   Δp = FnetΔt   J = FnetΔt  mAvA,i + mBvB,i + … = mAvA,f + mBvB,f + … xCM = (mAxA + mBxB + …) / (mA + mB + …) ∑τ = Iα           KErotational = 0.5* Iω2 L = Iω            ∑τ= ΔL/Δt          F = kΔL        F=-kx.       F/A = E(ΔL/L0) ΔL/L0 = (1/G)F/A          ΔV/V0 = (-1/B)ΔP T = 2π √(m/k)         T=2π √(L/g)            v=fλ         v= √(FT/μ)            I=P/(4πR2)      β (in dB) = 10*log(I/I0) λn = 2L/n (fixed/open both ends) λn = 4L/n (tube closed at one end) f' = f (vsnd ± vobs) / (vsnd ∓ vobs) g = 9.8 m/s2 G = 6.67×10-11 Nm2/kg2 2π radians = 360° Prefixes: f     10-15 p     10-12 n     10-9 μ     10-6 m     10-3 c     10-2 k     103 M     106 G     109   Answer this question: Which of the following formulas is the moment of inertia for a carousel ride platform? (Select all that apply)
working capital – the amount of total current assets less total current liabilities
Net Pay – The amount left after total deductions are subtracted from gross earnings.
DIRECT LABOR RATE VARIANCE – AH X (SR – AR)
Perpetual vs periodic – They are two major systems for keeping inventory records

Both involve a physical count of inventory at some point but perpetual inventory gives inventory values between inventories

the heading on all financial statements includes… – 1. the name of the business
2. the name of the statement
3. the date of the statement/period of time covered

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