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

1. www.mba4help.com Jose Cintron, MBA-CPC (954) 374-8298 [email protected] Accounting Principles 1c 2. www.mba4help.com Worksheet A worksheet is a multiple-column…

1. UNIT THREE BUSINESS TRANSACTIONSAND FINANCIAL STATEMENTS 2. Two kinds of assetsCurrent assets: exist in a short time.(Cash,checks, money orders…)Fixed assets: exist…

Slide 16–16–1 1-1 Copyright © 2012 by The McGraw-Hill Companies, Inc. All rights reserved. McGraw-Hill/Irwin Slide 2 6–26–2 Closing Entries and the Postclosing Trial…

Slide 1Home Slide 2 Copyright © by The McGraw-Hill Companies, Inc. All rights reserved.Glencoe Accounting Copyright © by The McGraw-Hill Companies, Inc. All rights reserved.…

Slide 1 Slide 2 Accounting Jeopardy Century 21 Accounting Chapter 6 by Mrs. Saylor Slide 3 Accounting Jeopardy Accounting Concepts General & Adjustments Work Sheet Correcting…

1.Week 6 2.  Need to update certain general ledger accounts at the end of the fiscal period.  Reflect “internal” transactions ◦ Supplies used ◦ Prepaid Insurance…

Learning Objectives Describe the flow of accounting information from the unadjusted trial balance into the adjusted trial balance and financial statements. Prepare financial…

Statement of Ownerâs Equity The first item presented on the statement of ownerâs equity is the balance of the ownerâs capital account at the beginning of the period. FINANCIAL…

Slide 16-1 © 2010 The McGraw-Hill Companies, Inc. All rights reserved Slide 2 Closing Entries and the Postclosing Trial Balance Section 1: Closing Entries Chapter 6 Section…