It contains details about ledger and trial balance . complete details of ledger with example and its parts complete details of trial balance and its limitations

Trial Balance and Rectification of Errors 6 I n the earlier chapters, you have learnt about the basic principles of accounting that for every debit there will be an equal…

PRESENTATION ON GENERAL LEDGER & TRAIL BALANCE by Shankar Bose Inspector of Income-tax MSTU, Puri General ledger Definition The General Ledger contains all of the balance…

Bank Reconciliation Statement 5 LEARNING OBJECTIVES After studying this chapter, you will be able to : • state the meaning and need for the preparation of bank reconciliation…

TOPIC 7 Correction of errors 100 Shares Errors??? $1 par value Reference: Chapter 2 of the textbook Larson, Wild, Chiapetta, Ropidah, Haslinda, Aryati, Liana © The McGraw-Hill…

Accounting Principles Second Canadian Edition Weygandt · Kieso · Kimmel · Trenholm Prepared by: Carole Bowman, Sheridan College CHAPTER 2 THE RECORDING PROCESS THE ACCOUNT…

Slide 1Chapter 6 The Journal and Source Documents Slide 2 The Journal The Journal is the book where all transactions are first entered The Journal is arrange in date order…

Slide 1Chapter 4 Double-Entry An account is an individual accounting record of increases and decreases labeled as debits and credits. There are separate accounts for each…

Slide 1Bell Ringer Brandon wrote a check for $28.29 a pair of shoes that caused him to overdraw at the bank. Assuming the bank charged him $25 for the 'bounced'…

Slide 1Recognition of Credit Card Revenues (GL Entries for Credit Card Transactions) Presented by: B.C. Worsley Banking Coordinator 924-4362, [email protected] Slide 2 Today…