TAILIEUCHUNG - Lecture Survey of accounting - Chapter 1: Understanding the accounting cycle

After you have mastered the material in this chapter, you will be able to: Explain the role of accounting in society; construct an accounting equation using elements of financial statement terminology; record business events in general ledger accounts organized under an accounting equation; classify business events as asset source, use, or exchange transactions; use general ledger account information to prepare four financial statements; record business events using a horizontal financial statements model. | McGraw-Hill/Irwin Copyright © 2012 by The McGraw-Hill Companies, Inc. All rights reserved. Chapter 1: An Introduction to Accounting Explain the role of accounting in society. Construct an accounting equation using elements of financial statement terminology. Record business events in general ledger accounts organized under an accounting equation. Classify business events as asset source, use, or exchange transactions. Use general ledger account information to prepare four financial statements. Record business events using a horizontal financial statements model. Learning Objectives In this chapter, the learning objectives are: Explain the role of accounting in society. Construct an accounting equation using elements of financial statement terminology. Record business events in general ledger accounts organized under an accounting equation. Classify business events as asset source, use, or exchange transactions. Use general ledger account information to prepare four financial .

• Kế toán - Kiểm toán
• Survey of accounting
• Lecture Survey of accounting
• Accounting for cash
• Accounting cycle
• Financial resources
• Accounting provides information
• Internal controls
• Accounting profession
• Accounting for receivables
• Inventory cost flow
• Accounting for liabilities
• Bonds issued
• Managerial accounting
• Product costing
• Financial statements
• Ledger accounts
• Merchandising businesses
• Transportation costs
• Long term operational assets
• Depreciation method