Introduction To Business Accounting

Defining A Business

Ethics In Accounting

GAAP: Generally Accepted Accounting Principles

The Accounting Equation

Transactions

Financial Statements

The Accounting Equation And Transactions

Double-Entry System

Transactions – Journalizing

Demo – Journal Entries

Posting Entries

The Trial Balance

Finding Errors Using Horizontal Analysis

Demo – Horizontal Trend: Balance Sheet

Demo – Horizontal Trend: Income Statement

The Purpose Of The Adjusting Process

Adjusting Entries – Prepaid Expenses

Adjusting Entries – Accrued Revenues

Adjusting Entries – Depreciation Expense

Adjustment Summary – Review

Vertical Analysis

Demo – Vertical Analysis

Preparing A Worksheet

The Income Statement

Financial Statements – Definitions

Temporary Vs. Permanent Accounts

Accounting Cycle Illustrated – Steps 1-5

Accounting Cycle Illustrated – Steps 6-10

Fiscal Year

Spreadsheet Exercise – Steps 1-4

Spreadsheet Exercise – Steps 5-7

Demo – Creating A Worksheet

Downloadable Materials