Financial Accounting: Help and Review

Course Summary

Catch up on financial accounting topics you're struggling with in this interactive Financial Accounting: Help and Review course. Use these short video lessons to review the topics that need extra attention and then test yourself with our multiple-choice quizzes and chapter tests.
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25 chapters in Financial Accounting: Help and Review

Course Practice Test

Check your knowledge of this course with a 50-question practice test.
  • Comprehensive test covering all topics
  • Detailed video explanations for wrong answers
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Ch 1. Introduction to Accounting: Help and Review {{cp.topicAssetIdToProgress[23261].percentComplete}}% complete
Course Progress Best Score
Lesson 1 - What Is Accounting? - Purpose, Importance & Relationship to Business  Take Quiz
 Take Quiz
Lesson 2 - What Is GAAP? - The Generally Accepted Accounting Principles  Take Quiz
Lesson 3 - Technology in Accounting: The Growing Role of Technology in Accounting  Take Quiz
Lesson 4 - Petty Cash Fund in Accounting  Take Quiz
Lesson 5 - Business Transaction: Definition, Types & Analysis  Take Quiz
Lesson 6 - Calculate Ending Inventory: Formula & Explanation  Take Quiz
Lesson 7 - Calculating Beginning Inventory: Formula & Explanation  Take Quiz
Lesson 8 - Capital Expenditures: Definition, Formula & Examples  Take Quiz
Lesson 9 - Capital Lease in Accounting: Definition, Requirements & Example  Take Quiz
Lesson 10 - Cash Basis Accounting Method: Definition & Example  Take Quiz
Lesson 11 - Cash Discount: Definition, Formula & Example  Take Quiz
Lesson 12 - Cash Equivalents: Definition & Examples  Take Quiz
Lesson 13 - Cash Payments Journal: Definition & Example  Take Quiz
Lesson 14 - Cash Receipts Journal: Definition & Examples  Take Quiz
Lesson 15 - Check Clearing: Definition, Process & Rules  Take Quiz
Lesson 16 - What Is a Computerized Accounting System? - Types, Advantages & Disadvantages  Take Quiz
Lesson 17 - What Is a General Journal in Accounting? - Definition, Format & Examples  Take Quiz
Lesson 18 - What Is a General Ledger? - Definition & Examples  Take Quiz
Lesson 19 - Financial Documents: Definition, Types & Business Examples  Take Quiz
Lesson 20 - What Is a Bank Loan?  Take Quiz
Lesson 21 - What Are Accounts Payable? - Definition & Examples  Take Quiz
Lesson 22 - What Is Capital? - Definition & Concept  Take Quiz
Lesson 23 - What Is GAAP? - Definition, Standards & Requirements  Take Quiz
Lesson 24 - What Is Revenue? - Definition & Concept  Take Quiz
Lesson 25 - Modern Monetary Theory: Definition, History & Theorists  Take Quiz
Lesson 26 - Economist Joseph Schumpeter: Theories & Books  Take Quiz
Lesson 27 - Black-Scholes Model: Formula & Examples  Take Quiz
Lesson 28 - Optimal Capital Structure  Take Quiz
Lesson 29 - Required Rate of Return (RRR): Formula & Calculation  Take Quiz
Lesson 30 - What is a Closed-End Fund? - Definition & Examples  Take Quiz
Lesson 31 - Monetary Measurement Concept: Advantages & Limitations  Take Quiz
Lesson 32 - What is a Lien Waiver? - Definition, Partial & Conditional  Take Quiz
Lesson 33 - What is a Hospital Lien? - Definition & the Hospital Lien Act  Take Quiz
Lesson 34 - Types of Liens: Judgment, Statutory & Consensual  Take Quiz
Lesson 35 - Equitable Lien vs. Constructive Trust  Take Quiz
Lesson 36 - How Long Does a Tax Lien Stay on Your Credit Report?  Take Quiz
Lesson 37 - What is a Medical Lien? - Definition & Requirements  Take Quiz
Lesson 38 - What is a Suspense Account? - Definition & Examples  Take Quiz
Lesson 39 - What is a Payable on Death Bank Account?  Take Quiz
Lesson 40 - Capital Lease vs. Operating Lease in Accounting  Take Quiz
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Course Progress Best Score
Lesson 1 - The Differences Between Accrual & Cash-Basis Accounting  Take Quiz
Lesson 2 - Using Accrual Accounting to Make Financial Statements More Useful  Take Quiz
Lesson 3 - Accrued Expenses & Revenues: Definition & Examples  Take Quiz
Lesson 4 - Preparing Financial Statements  Take Quiz
Lesson 5 - Temporary & Permanent Accounts: Definition & Differences  Take Quiz
Lesson 6 - Real Accounts vs. Nominal Accounts: Definition, Differences & Examples  Take Quiz
Lesson 7 - Debt Financing: Definition, Types, Advantages & Disadvantages  Take Quiz
Lesson 8 - Deficit Financing: Definition & Concept  Take Quiz
Lesson 9 - Differential Cost in Accounting: Definition, Analysis & Formula  Take Quiz
Lesson 10 - Direct Labor: Definition & Cost Formula  Take Quiz
Lesson 11 - Dividend Payout Ratio: Definition, Formula & Analysis  Take Quiz
Lesson 12 - How to Calculate Asset Turnover Ratio: Formula & Example  Take Quiz
Lesson 13 - How to Calculate Current Yield: Definition, Formula & Graph  Take Quiz
Lesson 14 - How to Calculate Depreciation Expense: Definition & Formula  Take Quiz
Lesson 15 - How to Calculate Free Cash Flow: Formula, Analysis & Example  Take Quiz
Lesson 16 - How to Calculate Future Value: Formula & Example  Take Quiz
Lesson 17 - How to Calculate Gross Profit Margin: Definition & Formula  Take Quiz
Lesson 18 - How to Calculate Interest Expense: Formula & Example  Take Quiz
Lesson 19 - How to Calculate Internal Rate of Return: Definition & Formula  Take Quiz
Lesson 20 - How to Calculate Net Present Value: Definition, Formula & Analysis  Take Quiz
Lesson 21 - How to Calculate Net Profit Margin: Definition & Formula  Take Quiz
Lesson 22 - How to Calculate Net Working Capital: Definition & Formula  Take Quiz
Lesson 23 - How to Calculate Owner's Equity: Definition, Formula & Examples  Take Quiz
Lesson 24 - How to Calculate Payback Period: Method & Formula  Take Quiz
Lesson 25 - How to Calculate Profit Margin: Definition & Formula  Take Quiz
Lesson 26 - How to Calculate Risk Premium: Definition & Formula  Take Quiz
Lesson 27 - How to Calculate Sales Revenue: Definition & Formula  Take Quiz
Lesson 28 - How to Calculate the Break-Even Point - Definition & Formula  Take Quiz
Lesson 29 - How to Calculate the Degree of Operating Leverage: Formula & Example  Take Quiz
Lesson 30 - How to Calculate the Rate of Return: Definition, Formula & Example  Take Quiz
Lesson 31 - How to Calculate the Return on Equity: Definition, Formula & Example  Take Quiz
Lesson 32 - How to Calculate Yield to Maturity: Definition, Equation & Example  Take Quiz
Lesson 33 - Unearned Revenue in Accounting: Definition & Examples  Take Quiz
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Course Progress Best Score
Lesson 1 - Merchandising Company: Definition, Activities & Income Components  Take Quiz
Lesson 2 - Items that Make Up Merchandise Inventory  Take Quiz
Lesson 3 - Inventory Cost: Definition, Methods & Types  Take Quiz
Lesson 4 - Accounting for Inventory Purchases  Take Quiz
Lesson 5 - Perpetual and Periodic Inventory Systems  Take Quiz
Lesson 6 - Recording Purchases Using the Perpetual System  Take Quiz
Lesson 7 - Accounting for Inventory Sales  Take Quiz
Lesson 8 - Recording Sales Using the Perpetual System  Take Quiz
Lesson 9 - Reconciling the Bank Account After Purchases or Sales  Take Quiz
Lesson 10 - Inventory Counting: Process & Methods  Take Quiz
Lesson 11 - Inventory Valuation Methods: Specific Identification, FIFO, LIFO & Weighted Average  Take Quiz
Lesson 12 - The Importance of Evaluating Investment Management  Take Quiz
Lesson 13 - The Effects of Financial Statements on Costing Methods  Take Quiz
Lesson 14 - The Effects of Inventory Errors  Take Quiz
Lesson 15 - The Three Purposes of Cost Allocation  Take Quiz
Lesson 16 - Cost Allocation of Service Departments  Take Quiz
Lesson 17 - Implementing the Theory of Constraints (TOC)  Take Quiz
Lesson 18 - ABC Cost & Inventory Analysis: Examples  Take Quiz
Lesson 19 - Standard Cost Accounting System: Benefits & Limitations  Take Quiz
Lesson 20 - Standard Cost vs. Job Order Cost Accounting Systems  Take Quiz
Lesson 21 - Activity Cost Pools: Definition & Examples  Take Quiz
Lesson 22 - Process Costing vs. Job Order Costing  Take Quiz
Lesson 23 - Activity Ratios: Definition, Formula & Analysis  Take Quiz
Lesson 24 - Giffen Goods: Definition, Examples & Demand Curve  Take Quiz
Lesson 25 - Veblen Goods: Examples & Demand Curve  Take Quiz
Lesson 26 - Book Value: Definition, Formula & Examples  Take Quiz
Lesson 27 - Day Sales of Inventory (DSI): Formula & Examples  Take Quiz
Lesson 28 - Days Sales Outstanding (DSO): Definition & Formula  Take Quiz
Lesson 29 - Avoidable Costs in Accounting: Definition & Examples  Take Quiz
Lesson 30 - Difference Between Avoidable Costs & Unavoidable Costs  Take Quiz
Lesson 31 - Purchase Return & Allowances: Definition & Examples  Take Quiz
Lesson 32 - Purchase Return & Allowances Journal Entries  Take Quiz
Lesson 33 - Sales Returns & Allowances Journal Entries  Take Quiz
Lesson 34 - Trade Credit: Advantages & Disadvantages  Take Quiz
Lesson 35 - What is Trade Credit in Business? - Definition & Types  Take Quiz
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Practice Tests in this course
Check your knowledge of this course with a 50-question practice test. Once you take the test, you will receive a detailed exam report complete with your personal statistics and even specific lessons to focus on! Take the practice test now
Your detailed study guide will include:
  • Answers and detailed explanations to each question
  • Video lessons to explain complicated concepts
Course Practice Test
More practice by chapter
Ch. 9
Adjusting Accounts & Preparing Financial Statements: Help and Review
Not Taken
Ch. 24
Managing Financial Risk
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