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WHAT IS ACCOUNTING? ACCOUNTING The information system that identifies, records, and communicates the economic events of an organization to interested users. (p. 4). KIESO…

Slide 1 Slide 2 1. Classify the following as: Asset, Liability, Owner’s Equity, Revenue or Expense and give the Normal Balance Cash Accounts Receivable Accounts Payable…

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Slide 1 ENGG 401 X2 Fundamentals of Engineering Management Spring 2008 Chapter 4: The Balance Sheet Dave Ludwick Dept. of Mechanical Engineering University of Alberta http://members.shaw.ca/dave_ludwick/…

Slide 1 Accounting Concepts Appendix C Slide 2 Business Entity Slide 3 Financial information is recorded and reported separately from the owner’s personal financial information.…