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About Introduction To Accounting - Lecture Notes
1) This document provides an overview of the topics that will be covered in an Introduction to Accounting class over the course of a semester. Students are advised to carefully read each chapter, study examples, and ask questions to fully understand concepts and assignments. 2) Chapter 1 introduces fundamental accounting concepts like the accounting equation and different types of business entities. The elements of accounting - assets, liabilities, and owner's equity - are defined. 3) Chapter 2 discusses how to record business transactions using debit and credit entries in accordance with the double-entry accounting method. Temporary accounts are used to track changes to owner's equity over an accounting period. 4) Chapter 3 provides guidance on starting the accounting cycle
Detailed Information
Author: | ['MUNAWAR ALI'] |
---|---|
Publication Year: | 2009 |
Pages: | 25 |
Language: | English |
Format: | |
Price: | FREE |
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