acclets

Financial Accounting Acclets -- Complete List
	Acclet #		Acclet Title		Acclet Description
Accounting Cycle-Basic
	1		Introduction to Financial Accounting		What accounting is and why it is important
	2		Accounting Terms		Short definitions of basic terms
	3		The Accounting Equation		The accounting equation
	4		Recording Transactions		Record 10 basic trans beneath the acctg equation
	5		Left and Right		The debit/credit system
	6		Use Left/Right System to Record Transactions		Use debit/credit system to record trans in T-accts
	7		Record Transactions in Journal		Record transactions in journal
	8		Steps in the Accounting Process		Steps in the accounting process
	9		Post to the Ledger		Post to 4-column ledger accounts
	10		Prepare Financial Statements		Prepare basic I/S, SRE, BS
Accounting Cycle-Expanded
	11		Introduction to Adjusting Entries		What necessitates adjusting entries
	12		Adjusting Entries -- Prepaid Expense		Example of a prepaid expense adjustment
	13		Adjusting Entries -- Accrued Expense		Example of an accrued expense adjustment
	14		Adjusting Entries -- Accrued Revenue		Example of an accrued revenue adjustment
	15		Adjusting Entries -- Unearned Revenue		Example of an unearned revenue adjustment
	16		Adjusting Entries -- Depreciation		Example of a depreciation adjustment
	17		Adjusting Entries -- Short Cuts		Strategies for mastering adjusting entries
	18		Steps in the Accounting Process -- Adjusted		Steps in the accounting process including adjustments
	19		Classified Balance Sheet		Why and how to prepare a classified bal. sheet
	20		Closing Entries		Why and how to journalize closing entries
	21		Steps in the Accounting Process -- Final List		Complete set of steps in the accounting cycle
Cash
	22		Bank reconciliation -- Part 1		Reconcile a bank account
	23		Bank reconciliation -- Part 2		Journalize adjusting entries from bank reconciliation
	24a		Petty Cash -- Part 1		Account for petty cash -- no over or short
	24b		Petty Cash -- Part 2		Account for petty cash -- over and short
Accounts Receivable
	25		Uncollectible Accounts Receivable -- Part 1		Allowance method
	26		Uncollectible Accounts Receivable -- Part 2		Allowance method -- "revenue approach"
	27a		Uncollectible Accounts Receivable -- Part 3		Allowance method -- "receivables approach"
	27b		Uncollectible Accounts Receivable -- Part 4		Allowance method -- Short Cuts
Short-Term Notes Receivable
	28		Calculate Interest		Use formula to calculate interest
	29		Notes Receivable -- Part 1		Account for "balloon" N/R (no interest accrual)
	30		Notes Receivable -- Part 2		Account for "balloon" N/R (with interest accrual)
Merchandise Inventory
	31		Merchandise Inventory -- Part 1		Account for buying merchandise inventory-perpetual method
	32		Merchandise Inventory -- Part 2		Account for selling merchandise inventory-perpetual method
	33		Merchandise Inventory -- Part 3		Prepare a multi-step income statement
	34		Merchandise Inventory -- Part 4		Inventory cost flow pattern
	35		Merchandise Inventory -- Part 5		Inventory costing methods-specific ID, FIFO, LIFO, wtd. avg.
	38		Merchandise Inventory -- Part 6		Use Gross Profit method to estimate cost of ending inventory
Short-Term Investments
	39		Short-Term Investments		Account for investment in stock (within an accounting period)
Plant & Equipment
	40		Depreciation -- Part 1		Depreciation -- Straight Line
	41		Depreciation -- Part 2		Depreciation -- Units of Production
	42a		Depreciation -- Part 3		Depreciation -- Double Declining Balance
	42b		Depreciation -- Part 4		Depreciation -- compare methods
	43		Depreciation -- Part 5		Asset disposals -- discard, sell, exchange at a loss
Short-Term Notes Payable
	44		Notes Payable -- Part 1		Account for "balloon" N/P (no interest accrual)
	45		Notes Payable -- Part 2		Account for "balloon" N/P (with interest accrual)
Bonds Payable
	50		Present and Futures Values -- Part 1		Simple & compound interest, PV & FV of a single deposit
	51		Present and Futures Values -- Part 2		Present & future values of an annuity
	52		Issue Bonds -- Introduction		Issue bonds at face value
	53		Present Value of Bonds		Calculate the present value of bonds
	54		Issue Bonds -- Discount		Account for bonds issued at a discount
	55		Issue Bonds -- Premium		Account for bonds issued at a premium
Stockholders' Equity
	56a		Stockholders' Equity -- Part 1		Account for issuing common and preferred stock
	56b		Stockholders' Equity -- Part 2		Account for buying and selling treasury stock
	56c		Stockholders' Equity -- Part 3		Account for cash dividend
	57		Stockholders' Equity -- Part 4		Account for stock dividend and stock split
	58		Stockholders' Equity -- Part 5		Allocate cash dividends -- non-cumulative preferred stock
	59		Stockholders' Equity -- Part 6		Allocate cash dividends -- cumulative preferred stock
Statement of Cash Flows
	60		Statement of Cash Flows -- Introduction		Introduction to the statement of cash flows
	61		Statement of Cash Flows -- Skeleton		Prepare a skeleton of the statement of cash flows
	62		Prepare Statement of Cash Flows -- Part 1		Prepare a partial statement of cash flows
	63		Prepare Statement of Cash Flows -- Part 2		Complete the statement of cash flows