'Entry accounting' presentation slideshows

The Mechanics of Accounting

The Mechanics of Accounting. Exchange Transactions. What Are the Different Exchange Transactions?. Borrow and invest money. Purchase land, buildings, and equipment. Buy and sell goods or services. Pay wages to employees. Pay taxes to the government. Distribute earnings to owners.

340 views • 27 slides

Farm Financial Statements

Farm Financial Statements. Net Worth Statement ? Statement of Cash Flows Net Income Statement Statement of Owner Equity. Recording Transactions in the Cash Journal. Date Description Value Amount (bu., lb., etc) To (from) whom Enterprise (optional) Production period (optional).

394 views • 27 slides

[Project Name]

330 views • 13 slides

Accounting 1: Debits and Credits Practice

Accounting 1: Debits and Credits Practice. By Mr. Duvall. Problem 4-2, Page 88 (Answer). 1. a. Office Equipment (asset) is increased (debit). 1. b. Accounts Payable (liability) is increased (credit). 2. a. Office Furniture (asset) is increased (debit).

273 views • 8 slides