18. Partial Goodwill
The partial goodwill method is a method of accounting for business combinations, specifically for situations...
19. Full Goodwill Method
The full goodwill method is a method of accounting for business combinations, in which the...
20. Acquisition Method
20. Acquisition Method The acquisition method is a method of accounting for business combinations, in...
21. Proportionate Consolidation
Proportionate consolidation is a method of accounting for joint ventures, in which the venturers (the...
1. Accounting Cycle
The accounting cycle is the process of recording, classifying, and summarizing financial transactions to provide...
2. Journal Entries
Journal entries are the first step in the accounting cycle and are used to record...
3. Ledger Accounts
A ledger account is a record of financial transactions that relate to a specific asset,...
5. Adjusted Trial
An adjusted trial balance is a financial statement that lists the balances of all the...
6. Unadjusted Trial Balance
An unadjusted trial balance is a financial statement that lists the balances of all the...
7. Adjusting Entries
Adjusting entries are entries made in the accounting records at the end of an accounting...