TAILIEUCHUNG - Lecture Principles of Accounting: A focus on analysis and interpretation (8th edition): Chapter 4 - Hillman, Kochanek, Barsky

Chapter 4 - Completion of the accounting cycle. This chapter presents the following content: Accounting cycle during period, accounting cycle end of period, worksheet, preparing the worksheet, closing entries, steps in closing,. | Completion of the Accounting Cycle Accounting Cycle During Period Collect transaction data from business documents Analyze transactions and journalize Post to ledgers * Accounting Cycle End of Period Prepare unadjusted trial balance Prepare worksheet Prepare financial statements Journalize and post adjustments Journalize and post closing entries Prepare post closing trial balance * Worksheet Working paper that bridges the gap between the accounting records and the financial statements Determines the effect of end-of-period adjustments Determines net income Sets up information for closing entries * Preparing the Worksheet Enter the heading Enter account numbers, titles, and general ledger balances in Trial Balance columns Enter adjustments in Adjustments columns * Preparing the Worksheet Calculate the Adjusted Trial Balance columns Extend amounts from Adjusted Trial Balance columns to the Income Statement or Balance Sheet columns * Preparing the Worksheet Subtotal the four financial .

• Kế toán - Kiểm toán
• Principles of accounting
• Accounting information
• Lecture Principles of Accounting
• Accounting cycle
• Preparing the worksheet
• Closing entries
• 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
• Completing the accounting cycle
• Classified balance sheet
• Accounting for partnerships
• Partnership form of organization
• Basic partnership accounting