Acc Chapter 3 & 4

Még több ilyen

Accounting It is a system that organizes financial data and shows information for decision making.

Szerző: Cindy Tang

Oceanography

Szerző: Orawan Jakamanee

Lesson 5 Osterwalter on BMC

Szerző: Library of Alexandria

POD Architecture for Guest Users

Szerző: Rajesh Krishnan

Acc Chapter 3 & 4

Transaction

Financial Statements

Closing entries

Reduce RE

Transfer NI to RE

Income Summary to RE

Income Statement to Zero

Expenses to Inc Summary

Dr

Revenues to Inc Summary

Cr

Adjusted Trial Balance

Take consideration of the Adjustments

Adjustments

Gnrl' Ledger

First to General Jrnl'

Accruals

Accrued Expenses

N/P

Accrued Revenues

A/R

Deferrals

Unearned Revenues

Prepaids

Trial Balance

Balance Sheet then Income Statement

General Ledger

By account

Gnrl' Journal

By Date

Journal

Journal Entry

Debit

Expenses

Assets

Credit

Dividends

Revenue

Stockholder's equity

Liabilities