TAILIEUCHUNG - Lecture Principles of Accounting: A focus on analysis and interpretation (8th edition): Chapter 2 - Hillman, Kochanek, Barsky

Chapter 2 - The system of accounting. This chapter presents the following content: the entity concept, assets, equities, revenues, expenses, the accounting equation, the account, summary of the debit/credit rules, records in the accounting system, journal entries,. | The System of Accounting The Entity Concept Any organizational unit The Entity Concept Any organizational unit for which we want The Entity Concept Any organizational unit for which we want financial information Assets Anything of value held by an organization Assets have Assets Anything of value held by an organization Assets have Potential usefulness Assets Anything of value held by an organization Assets have Potential usefulness Future usefulness Assets Anything of value held by an organization Assets have Potential usefulness Future usefulness Economic Value Equities Claims against the total assets of an organization Liabilities Claims of nonowners Owners Equity Claims of owners Revenues Inflows of assets that result from performing services or selling goods Revenues are realized when the service is performed or Revenues Inflows of assets that result from performing services or selling goods Revenues are realized when the service is performed or the goods are delivered Expenses

• Kế toán - Kiểm toán
• Principles of accounting
• Accounting information
• Lecture Principles of Accounting
• Credit rules
• Journal entries
• Trial balance
• Accounting principles
• Fundamental accounting principles
• Lecture Fundamental accounting principles
• Accounting information systems
• Fundamental system principles
• Technology based accounting systems
• Financial accounting
• Managerial accounting
• Managerial cost
• Reporting manufacturing activities
• Merchandising operations
• Accounting cycle
• Completing the accounting cycle
• Classified balance sheet
• Accounting for partnerships
• Partnership form of organization
• Basic partnership accounting