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Debit normal balance - PowerPoint PPT Presentation

LESSON 14-1

LESSON 14-1. Distributing Corporate Earnings to Stockholders. Financial Information. Management decisions about future business operations are often based on financial information This information show whether a profit is being made or a loss is being incurred

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Accounting I

Accounting I. Chapter 4 - Journalizing Transactions. T ERMS REVIEW. journal journalizing special amount column general amount column entry double-entry accounting. source document check invoice sales invoice receipt memorandum. Lesson 4-1, page 71. T ERMS REVIEW. Journal.

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Chapter 3

Chapter 3. The Recording Process. 3-1 Three Parts of an Account. (1) ACCOUNT TITLE. (Left Side) (2) DEBIT. (Right Side) (3) CREDIT. Total Debits > Total Credits = Debit Balance Total Credits > Total Debits = Credit Balance Total Debits = Total Credits = Zero Balance.

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Debit normal balance - PowerPoint PPT Presentation

LESSON 14-1

Accounting I

Chapter 3