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Deferred Expenses or Prepaid Expenses | Financial Accounting | CPA Exam FAR | Ch 3 P 3

by Farhat's Accounting Lectures on Youtube Youtube
Duration: 0.43 hours
Adjusting entries, prepaid, Deferred expenses, deferred, revenues, depreciation expense, accrued expenses, accrued revenues, Journalizing, posting to the ...
  
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Current Liabilities | Intermediate Accounting | CPA Exam FAR | Chp 13 p 1

by Farhat's Accounting Lectures on Youtube Youtube
Duration: 0.49 hours
liabilities as “probable future sacrifices of economic benefits arising from present obligations of a particular entity to transfer assets or provide services to other ...
  
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Short-Term Obligations Expected to Be Refinanced | Intermediate Accounting | CPA Exam F...

by Farhat's Accounting Lectures on Youtube Youtube
Duration: 0.42 hours
Short-term obligations are debts scheduled to mature within one year after the date of a company's balance sheet or within its operating cycle, whichever is ...
  
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Classified Balance Sheet | Financial Accounting | CPA Exam FAR | Ch 4 P 1

by Farhat's Accounting Lectures on Youtube Youtube
Duration: 0.3 hours
Closing entries, closing, permanent accounts, temporary accounts, nominal accounts, real accounts. Income summary, post-closing trial balance, current assets, ...
  
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Employee Related Liabilities | Intermediate Accounting | CPA Exam FAR | Chp 13 p 3

by Farhat's Accounting Lectures on Youtube Youtube
Duration: 0.54 hours
Companies also report as a current liability amounts owed to employees for salaries or wages at the end of an accounting period. In addition, they often also ...
  
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Loss Contingency and Estimated Liability | Intermediate Accounting | CPA Exam FAR | Chp...

by Farhat's Accounting Lectures on Youtube Youtube
Duration: 0.68 hours
Loss Contingencies Loss contingencies involve possible losses. A liability incurred as a result of a loss contingency is by definition a contingent liability.
  
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Presenting current liabilities and contingencies Ch 13 p 5-Intermediate Accounting CPA ...

by Farhat's Accounting Lectures on Youtube Youtube
Duration: 0.17 hours
current liabilities, contingencies, loss contingency, ratio analysis, current assets, current liabilities, short term debt, return on asset, dupont model, gross profit, ...
  
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Merchandising Operation | Financial Accounting | CPA Exam FAR | Ch 5 P 1

by Farhat's Accounting Lectures on Youtube Youtube
Duration: 0.29 hours
Inventory, perpetual, periodic, operating cycle, retailer, wholesaler, Merchandising operation, purchase of inventory, FOB shipping, FOB destination, perpetual ...
  
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Accounting for Purchase of Inventory | Financial Accounting | CPA Exam FAR | Ch 5 P 2

by Farhat's Accounting Lectures on Youtube Youtube
Duration: 0.39 hours
Merchandising operation, purchase of inventory, FOB shipping, FOB destination, perpetual inventory, periodic, purchase discount, purchased invoice, discount ...
  
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Asset Retirement Obligation (ARO) | Intermediate Accounting | CPA Exam FAR | Chp 13

by Farhat's Accounting Lectures on Youtube Youtube
Duration: 0.19 hours
Accounting Recognition of Asset Retirement Obligations. A company must recognize an asset retirement obligation (ARO) when it has an existing legal ...
  
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