Welcome to Accounting. Often called the language of business accounting will help in every aspect of business. While teaching basic accounting principles in the class students will gain valuable knowledge that will allow them to better understand the processes involved with recording transactions within a business. Students will also better understand why the Controller or CFO keep asking for more information about a new project being proposed.
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Accounting 1 Disclosure
Accounting 2 Disclosure Steps to posting a Journal Entry to the General Ledger graphic
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Types of BusinessesThe Accounting EquationThe accounting equation
Assets = Liabilities + Owner's Equity Basic Accounting Vocabulary Transactions and Accounting Equation PPT Transactions Affecting the Accounting Equation Vocabulary and lecture notes handout Class discussion notes handout / spreadsheet Transactions PPT Business Transaction Analysis handout Transaction and T account problems (Chapter 5) |
General Journal and General LedgerRecording transactions in the General Journal PPT
General Journal Vocabulary Handout Posting to the General Ledger PPT General Ledger Vocabulary Handout Teacher led problems Chapter 7 problem 7-9 Worksheet General Ledger problems Sole Proprietor Financial StatementsFinancial Statement Vocabulary
Sole Proprietor Financial Statements PPT Financial Statement Template for students Closing the Accounting Period |
Payroll and Payroll Liabilities |
Uncollectible Accounts |
Uncollectible Accounts PPT
Uncollectible Accounts Vocabulary Uncollectible Accounts Problems Direct Write Method video (this is a long video and may be faster to download then watch) Allowance for Uncollectible Accounts video (this is a long video and may be faster to download then watch) Aging Uncollectible Accounts video |
Accounting for Purchases and Cash Payments |
Assets and Depreciation |
Plant Assets PPT
Plant Asset and Depreciation PPT Assets and Depreciation Handout Calculating Annual Depreciation video The Straight-line method formula Amount to be Estimated Annual Depreciated / Useful Life = Depreciation Plant Asset Depreciation Entries PPT Plant Asset Depreciation Entries Notes Depreciation Journal Entry video The Book Value is calculated by Original Cos - Accumulated = Book Value Depreciation Plant Asset and Depreciation Problems |