Slide 1 Chapter 7 – Closing Entries Slide 2 Bellringer: Solve the following formulas: 1.10,000 – X = 0 2.40,000 – X = 0 What is the opposite of $10,000? What is the…

Slide 1 Transactions that Effect Assets, Liabilities, and Owner’s Equity Chapter 4 Slide 2 Exploring the Real World of Business Review the American Airlines Web Site www.aa.com…

Slide 1 ©2012 Pearson Education, Inc. publishing as Prentice Hall 7-1 QUICKBOOKS® 2011: A COMPLETE COURSE CHAPTER 7—LECTURE GENERAL ACCOUNTING AND END-OF-PERIOD PROCEDURES:…

Temporary Accounts and Permanent Accounts Revenue, expense, and withdrawal accounts are used to collect information for a single accounting period. These accounts are called…

Chapter 2 Chapter 2-1 Analyzing Transactions into Debit and Credit Parts 1 Asset Accounts Cash Prepaid Insurance Supplies Accounts Receivable(People who owe us moneyâpurchased…

Temporary Accounts and Permanent Accounts Revenue, expense, and withdrawal accounts are used to collect information for a single accounting period. These accounts are called…

QUICKBOOKS®: A COMPLETE COURSE ©2014 Pearson Education, Inc. publishing as Prentice Hall 7-1 Chapter Focus: General Accounting Procedures for a Merchandising Business and…