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Adjustments columns - PowerPoint PPT Presentation

LESSON 16-1

LESSON 16-1. Recording Adjusting Entries. 2. 1. 4. 6. 5. 7. ADJUSTING ENTRIES RECORDED FROM A WORK SHEET. page 481. 1. Heading. 2. Date. 3. 3. Identify the first adjustment. 4. Account debited. 5. Debit. 6. Account credited. 7. Credit. 8. Continue down the Adjustments columns.

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CHAPTER 4

CHAPTER 4. COMPLETING THE ACCOUNTING CYCLE. Accounting Principles, Eighth Edition. Study Objectives. Prepare a worksheet. Explain the process of closing the books. Describe the content and purpose of a post-closing trial balance. State the required steps in the accounting cycle.

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Adjustments columns - PowerPoint PPT Presentation

LESSON 16-1

CHAPTER 4