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Journal Entries: Collecting cash and paying obligations

How do we create journal entries for collecting payments due a company or paying obligations? What is the general process for creating a journal entry?

From  Alena Rodick on July 14th, 2021 3 plays 0  

Journal Entries: Selling Goods

How do we create journal entries for the sales of goods or services? How do these sales often lead to compound journal entries?

From  Alena Rodick on July 14th, 2021 4 plays 0  

Year-end Financial Activities: Financial Statements and Closing the Books

What financial statements are required for publicly traded companies? What goes into the notes for the financial statements? What is the difference between real accounts and nominal accounts? How…

From  Alena Rodick on July 14th, 2021 1 plays 0  

Adjusting Entries: Unearned Revenues

How do we account for unearned revenue?

From  Alena Rodick on July 14th, 2021 2 plays 0  

Adjusting Entries: Prepaid Expenses

How do we account for prepaid expenses?

From  Alena Rodick on July 14th, 2021 3 plays 0  

Adjusting Entries: Unrecorded Receivables

Why do we need adjusting entries? How do we account for unrecorded receivables and liabilities?

From  Alena Rodick on July 14th, 2021 3 plays 0  

Journal Entries: Acquiring Assets

What is the general journal? How do we make journal entries for transactions that increase a company's assets?

From  Alena Rodick on July 14th, 2021 4 plays 0  

Accounting Equation

What is the accounting equation? How does that lead to double entry accounting? What are debits and credits? How does the accounting equation extend to double entry accounting?

From  Alena Rodick on July 14th, 2021 1 plays 0  

Financial Statements: Statement of Cash Flows

What is the statement of cash flows? What information is provided? What are the three different types of transactions displayed on this financial statement?

From  Alena Rodick on July 14th, 2021 2 plays 0  

Financial Statements: Income Statement

We define the income statement, describe the purpose of the income statement, and determine what information is included in the income statement.

From  Alena Rodick on July 14th, 2021 3 plays 0  

Financial Statements: Balance Sheet

We define the balance sheet, stating its purpose. We explain what information is provided on the balance sheet.

From  Alena Rodick on July 14th, 2021 4 plays 0  

Self-Care for College Students -Short Version

Self-Care for College Students -Short Version

From  Daniel McCrea on January 8th, 2021 10 plays 0