* 1 Introduction to Accounting and Business 0 * 1-1 Types of Businesses 0 * Types of Businesses 1-1 0 * Types of Businesses 1-1 0 * Proprietorship Partnership Corporation…
Chapter 1 Introduction to Accounting and Business Accounting, 21st Edition Author: Warren Reeve Fess PowerPoint Presentation by Douglas Cloud Professor Emeritus of Accounting…
CHAPTER ONE The Accounting Equation 1 The Accounting Equation Assets = Liabilities + Ownerâs Equity The resources owned by a business The Accounting Equation Assets = Liabilities…
CHAPTER ONE Chapter 2 The Financial Accounting Information Process 1 27 June 2013 1 Explain the use of the accounting equation and its components Analyze the effect of business…
Accounting Equation Claims on the assets are from two sources: Creditors (liabilities) Investors or owners (equity). Accounting Equation Edmonds Journal Account Title Debit…