TAILIEUCHUNG - Lecture Financial accounting: Tools for business decision making - Chapter 3: The accounting information system

This chapter’s objectives are to: Analyze the effect of transactions on the accounting equation; explain how accounts, debits and credits are used to record transactions; journalize transactions in the general journal; post transactions to the general ledger; prepare a trial balance. | The Accounting Information System Kimmel ● Weygandt ● Kieso Financial Accounting, Eighth Edition 3 Explain how accounts, debits, and credits are used to record business transactions. CHAPTER OUTLINE Analyze the effect of business transactions on the basic accounting equation. 1 2 LEARNING OBJECTIVES Indicate how a journal is used in the recording process. 3 Explain how a ledger and posting help in the recording process. 4 Prepare a trial balance. 5 Accounting Information System System of collecting and processing transaction data and communicating financial information to decision-makers. LEARNING OBJECTIVE Analyze the effect of business transactions on the basic accounting equation. 1 LO 1 Accounting information systems rely on a process referred to as the accounting cycle. Accounting Information System Analyze business transactions Journalize Post Trial Balance Adjusting Entries Adjusted Trial Balance Financial Statements Closing Entries Post-Closing Trial Balance Most businesses .

• Kế toán - Kiểm toán
• Financial accounting
• Lecture Financial accounting
• Business decision
• Kế toán tài chính
• Accounting information system
• Accounting transactions
• Issues in financial accounting
• Financial statements
• Accounting standards
• Financial reporting
• Financial Accounting Standards Board
• Fundamental financial accounting
• Lecture Fundamental financial accounting concepts
• Financial statement
• Accounting cycle
• Accounting for accruals
• Accounting system
• Accounting activities
• Financial accounting practice
• Accounting terminology
• Reporting financial results
• Evaluating liquidity
• Business firms
• The financial reporting reform
• Accounting information
• Management accounting
• Accounting equation
• Accounting systems
• Decision making
• External financial reporting
• Accounting for business
• Lecture Accounting for business
• Financial accounting reports
• Statement of financial performance
• Accrual accounting systems
• Statement of financial position
• Mastering financial accounting essentials
• Financial accounting essentials
• Accrual accounting
• Income statement
• Accounting conventions
• Internal control
• Accounting for cash
• Accounting for receivables
• Computing uncollectible accounts expense
• Long term debt
• Accounting for long term debt
• Paper F3
• Revision kit 2016
• Accounting Financial
• Accounting Financial Review
• Financial Review accounting exam
• Study text 2016
• Language of business
• Double entry accounting system
• Credit terminology
• Merchandising businesses
• Accounting for merchandising businesses
• Accounting for inventories
• Cash discounts
• The accounting cycle
• International financial reporting standards
• Completing the accounting cycle
• Accounting worksheet
• Classified balance sheet