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Business · BAT4M · Grade 12

Financial Accounting Principles

6 study packs. Choose a pack to open it. Each one has a Common Mistakes list, written questions with full solutions, a Boss Run game and a timed practice test with an answer key.

Pack 1

The Accounting Cycle

IFRS and ASPE, the conceptual framework, ethics and scandals, accruals, perpetual inventory, multi-step statements and closing.

  • 11 written questions
  • 87-question Boss Run
  • Quiz + 70-min test
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Pack 2

Receivables and Payables

Bad debts and aging, notes receivable and payable, interest and maturity dates, card sales, payroll, warranties and contingencies.

  • 12 written questions
  • 109-question Boss Run
  • Quiz + 70-min test
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Pack 3

Inventory Costing

Specific identification, FIFO, weighted average and LIFO (comparison only); periodic and perpetual records; LCNRV; errors and turnover.

  • 11 written questions
  • 96-question Boss Run
  • Quiz + 70-min test
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Pack 4

Capital Assets

Cost, depreciation methods and schedules, partial years, revised estimates, disposals, intangibles, goodwill and depletion.

  • 11 written questions
  • 89-question Boss Run
  • Quiz + 70-min test
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Pack 5

Partnerships and Corporations

Forming a partnership, dividing income, admission, withdrawal and liquidation; issuing shares, cash and stock dividends, retained earnings and EPS.

  • 15 written questions
  • 123-question Boss Run
  • Quiz + 70-min test
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Pack 6

Financial Analysis

Debt vs. equity financing, the cash flow statement, reading an annual report, ratio analysis, and horizontal and vertical analysis.

  • 12 written questions
  • 136-question Boss Run
  • Quiz + 70-min test
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