GRAPHICS AND MULTIMEDIA INTRODUCTORY ACCOUNTING CHAPTER 7 COMPLETING THE ACCOUNTING CYCLE FOR SERVICE BUSINESS Accrual Accounting and the Financial Statements 2 Objectives…
Slide 1 Annual Stockholders Meeting June 22, 2011 Slide 2 Agenda Call to Order Chair of the Board: Year in Review Review 2010 Minutes Chairman’s Comments…
Slide 1 Accounts Receivable and Impairments Slide 2 Review of Accounting for Accounts Receivable Typically recognize sales revenue at sale Accounts Receivable840 Sales Revenue840…
C H A P T E R 13 Statement of Cash Flows Learning Objective 1 Understand the purpose of a statement of cash flows. What Does The Statement of Cash Flows Do? Summarizes a…
Chapter 4 Completing the Accounting Cycle Accounting 211 Instructor: Professor John Ahmad 1 Prepare a work sheet 2 Explain the process of closing the books 3 Describe the…