ACCT 2050 - Financial Accounting II

1. Multi-Step Income Statements
2. Classified Balance Sheets
3. Statements of Cash Flows
4. Cash and Receivables
5. Inventories
6. Current and Contingent Liabilities
7. Investments in Debt and Equity Securities
8. Long-term Debt
9. Contributed Capital
10. Financial Analysis
11. Retained Earnings

1. prepare multi-step income statements.
2. account for cash and receivables.
3. account for inventories.
4. account for investments in debt and equity securities.
5. account for current and contingent liabilities.
6. account for long-term debt.
7. account for contributed capital.
8. account for retained earnings.
9. perform numerous financial analyses.
10. prepare classified balance sheets.
11. prepare statements of cash flows.

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