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amis2200
at The Ohio State University
13 hours of video!
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Chapters
Problems & Videos
Chapter 1
Debits, Credits, and the Accounting Equation
Chapter 2
The Balance Sheet
Chapter 3
Journals, Ledgers, T-Accounts, and Normal Balances
Chapter 4
Differences in Timing, Adjusting Entries, and the Closing Process
Chapter 5
Accounts Receivable and Bad Debts
Chapter 6
All About Inventory
Chapter 7
Cash Flows
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
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PVOA Table
PV$1 Table
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Formulas
Important formulas for each chapter
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Chapter 1
Debits, Credits, and the Accounting Equation
Chapter 2
The Balance Sheet
Chapter 3
Journals, Ledgers, T-Accounts, and Normal Balances
Chapter 4
Differences in Timing, Adjusting Entries, and the Closing Process
Chapter 5
Accounts Receivable and Bad Debts
Chapter 6
All About Inventory
Chapter 7
Cash Flows
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
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amis2200.com Formula Sheet
Profit Margin = Net Income / Sales Revenue
Sales
– COGS
Gross Profit
Gross Profit Margin = Gross Profit / Sales Revenue
Gross Profit Ratio is the same as Gross Profit Margin
Beginning Inventory
+ Net Purchases
– Ending Inventory
COGS
Beginning Inventory
+ Net Purchases
– COGS
Ending Inventory
Beginning Inventory
+ Net Purchases
Goods Available for Sale
(Some professors care about this... some don't)
Sales Revenue
– Sales Returns and Allowances
– Sales Discounts
Net Sales
Purchases
– Purchase Returns and Allowances
– Purchase Discounts
Net Purchases
+ Transportation In
Cost of Goods Purchased