'Normal balance' presentation slideshows

Accounting I: Introduction to University Accounting

Accounting I: Introduction to University Accounting . Susan Moore Accounting & Financial Services General Accounting. A genda. Introductions Course objectives Topics Accounting Concepts Fund Accounting Overview The Chart of Accounts Financial Reporting Questions and Answers.

1.57k views • 107 slides

Chapter 2

Chapter 2. Recording Business Transactions. Key Words. Source documents ???? Journal ??? Ledger ??? Post ?? Account ?? Accrued liabilities ???? Double-entry accounting ?????? Debit ?????? Credit ??????. Record relevant transactions and events in a journal.

1.26k views • 107 slides

Analyzing and Recording Transactions

Analyzing and Recording Transactions. Chapter. 2. Learning objective. Explain the steps in processing transactions. Describe source documents and their purpose. Describe an account and its use in recording transactions.

1.26k views • 91 slides

Flash Cards

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THE ACCOUNTING INFORMATION SYSTEM

THE ACCOUNTING INFORMATION SYSTEM. 3. Financial Accounting, Sixth Edition. Study Objectives. Analyze the effect of business transactions on the basic accounting equation. Explain what an account is and how it helps in the recording process.

737 views • 52 slides

Chapter 2 The Recording Process

Chapter 2 The Recording Process. Prepared by Chih-Liang Julian Liu Department of Industrial and Business Management Chang Gung University. Learning Objectives After studying this chapter, you should be able to:

931 views • 49 slides

Lecture 4 & 5

Lecture 4 & 5. THE RECORDING PROCESS -JOURNALIZING. CHAPTER 2. The Recording Process. STUDY OBJECTIVES: Explain what an account is and helps in recording process. 2) Define debit and credit. 3) Explain journal and journalizing process. Preview of CHAPTER 2. The Account.

568 views • 40 slides

Chapter 2

Chapter 2. T-accounts, Debits and Credits, Trial Balance, Financial Statements. T-accounts. Used instead of columns for each account T-account form One side of T: record increases to account (+) One side of T: record decreases to account (-) Add up each side of the T

468 views • 40 slides

Learning Objectives After studying this chapter, you should be able to:

2. The Recording Process. Learning Objectives After studying this chapter, you should be able to: [1] Explain what an account is and how it helps in the recording process. [2] Define debits and credits and explain their use in recording business transactions.

806 views • 36 slides

Identifying

Identifying. John V. Balanquit. Objectives. Student will be able to : Discuss the concept of identifying Summarize the identifying process Distinguish the elements of financial statements and the accounts related to each element. Objectives. Student will be able to :

620 views • 36 slides

Chapter 2

402 views • 31 slides

Accounting Chapter 2

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TARP, GSE and BIT

TARP, GSE and BIT. USSGL BOARD MEETING May 20, 2010. Troubled Assets Relief Program (TARP). Background

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Chapter 2-1

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Chapter Two Transaction Analysis

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The detailed record of the changes in a particular asset, liability, or owner's equity

The detailed record of the changes in a particular asset, liability, or owner's equity. The book (or printout) holding all the accounts . The chronological record of transactions. A list of all the accounts with their balances.

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Chapter 3

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290 views • 10 slides

Exchange Stabilization Fund Foreign Currencies

Exchange Stabilization Fund Foreign Currencies. 4295 Revaluation of Foreign Currency in the Exchange Stabilization Fund (ESF). Definition.

189 views • 4 slides

Recording Business Transactions

Recording Business Transactions. Chapter 2. The Accounting Process. Record transactions in the journal. Copy (post) to the ledger. Prepare the trial balance. The Account. Basic summary device

146 views • 0 slides