Analyzing Transaction Example

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Barashada Financial Accounting

By fahad
Course content
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Course outline

The Accounting Process Part 1

The Accounting Process Part 2

GAAP

Corporation

Learning Objectives

Accounting Elements

The Accounting Equation

Business Transaction

Question 2b

Analyzing Transactions (B)

Analyzing Transactions (C)

Examples Revenue

Examples of Expense

Analyzing Transaction (E)

Playing...

Analyzing Transaction (F)

Asset Increased

Analyzing Transaction (I)

Income Statement

Owners Equity

Balanace Sheet

Accounting Process

Debit and Credit

Debit and Credit Examples

Free Revenue earned in cash

Payment wages Account

Trial balance

Flow of data

Chart off Accounts

Source Documents

Summary of Transaction

General Ledger

General Ledger Part 2

Trail Balance

Adjusting Entries Outline

End of Period Adjustment

Matching Principle

Building

Adjusting Entery

Work Sheet

Worksheet Example

Finding Errors on the worksheet

Posting Adjustments to General Ledger

Prepare Financial Statements

Expenses

Prepare The Balance Sheet

Temporary Account

Closing Entry Part 1

Closing Entry Part 2

Post Closing Trial Balance