1. Explain accounts as they relate to the accounting equation and describe common accounts 2. Define debits, credits, and normal account balances using double-entry accounting
1. Explain accounts as they relate to the accounting equation and describe common accounts 2. Define debits, credits, and normal account balances using double-entry accounting and T-accounts 3. Record transactions in a journal and post journal entries to the ledger 4. Prepare the trial balance and illustrate how to use the trial balance to prepare financial statements
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Authors: Lawrence A. Cunningham
5th Edition
0314912606, 978-0314912602
