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The Accounting Process Part 2
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Barashada Financial Accounting
By fahad
Course content
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Introduction to Accounting
Course outline
The Accounting Process Part 1
The Accounting Process Part 2
Playing...
GAAP
Corporation
Analyzing Transactions
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)
Analyzing Transaction (F)
Asset Increased
Analyzing Transaction (I)
Income Statement
Owners Equity
Balanace Sheet
Accounting Process
The Double Entry Framework
Debit and Credit
Debit and Credit Examples
Free Revenue earned in cash
Payment wages Account
Trial balance
Journalizing and Posting Transactions
Flow of data
Chart off Accounts
Source Documents
Summary of Transaction
General Ledger
General Ledger Part 2
Trail Balance
Adjusting Entries and the Work Sheet
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
Financial Statements and the Closing Process
Prepare Financial Statements
Expenses
Prepare The Balance Sheet
Temporary Account
Closing Entry Part 1
Closing Entry Part 2
Post Closing Trial Balance