Introduction to principles of accounting and transactions accounting to trial balance by

Introduction to principles of accounting and transactions accounting to trial balance by https://padlet.com/monowarabegum12/t8ky9ikxpxa6 Lecture 1 en-us 2017-12-07 22:15:16 UTC 2017-12-07 23:25:03 UTC hello@padlet.com Introduction monowarabegum12 https://padlet.com/monowarabegum12/t8ky9ikxpxa6/wish/214349065 The purpose of accounting is to provide financial information to users to help them financial decisions. Businesses are treated separately to its owners. ]]> 2017-12-07 22:19:36 UTC https://padlet.com/monowarabegum12/t8ky9ikxpxa6/wish/214349065 Bookkeeping and accounting monowarabegum12 https://padlet.com/monowarabegum12/t8ky9ikxpxa6/wish/214354851 The process of recording data relating to accounting transactions in the accounting books
- IDENTIFYING, MEASURING & COMMUNICATING ECONOMIC INFORMATION ]]> 2017-12-07 23:01:46 UTC https://padlet.com/monowarabegum12/t8ky9ikxpxa6/wish/214354851 Double entry bookkeeping system monowarabegum12 https://padlet.com/monowarabegum12/t8ky9ikxpxa6/wish/214355105 All businesses have an effect on two sides where monetary value is provided and received. T-ACCOUNT is the approach to debit and credit accounts.

]]> 2017-12-07 23:04:02 UTC https://padlet.com/monowarabegum12/t8ky9ikxpxa6/wish/214355105 ACCOUNTING EQUATION monowarabegum12 https://padlet.com/monowarabegum12/t8ky9ikxpxa6/wish/214355333 ASSETS = CAPITAL + LIABILITIES
ASSETS = CAPITAL
CAPITAL = ASSETS less LIABILITIES ]]> 2017-12-07 23:06:35 UTC https://padlet.com/monowarabegum12/t8ky9ikxpxa6/wish/214355333