Question
Would some one help me and give me examples of how to learn each one ? ACC 211 Exam 1 Study Guide Chapter 1 Prepare
Would some one help me and give me examples of how to learn each one ?
ACC 211 Exam 1 Study Guide Chapter 1 Prepare an Income Statement Prepare a Statement of Stockholders Equity Prepare a Balance Sheet Chapter 2 Prepare and enter journal entries Understand when to use the "No Journal Entry Required" Post transactions to a "T" account and come up with a balance in the account. Understand which side of the " T " account has the balance Prepare a Trial Balance from a list of accounts/amounts Chapter 3 Prepare and enter adjusting entries Prepare and enter closing entries Know when to recognize expenses (cash vs accrual) Know when to recognize revenue (cash vs accrual) Chapter 4 Know how to calculate the correct cash balance Be able to prepare a short bank reconciliation,
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