PROJECT

Create a concept map with the following 10 Accounting concepts or any other 10 concepts in this range of topics:

1. The balance sheet.

2. The trial balance and preparation of financial statements.

3. Preparing the trial balance.(step 4 of the accounting cycle)

4. The worksheet.(step 5 of the accounting cycle)

5. Closing entries.(step 8 of the accounting cycle)

6. The bank reconciliation process.

7. Preparing a payroll register and maintaining an employee earnings record.

8. Journalizing transactions for a perpetual inventory system.

9. Purchases and cash payments in a perpetual inventory system.

10. Cash payments transactions and schedules of accounts payable.

Your map should include the following:

Creativity

Conceptual Understanding

Clarity of the map

Please feel free to also use images, words, formulas or diagrams in your concept map