会计学第二章重点.ppt

* FastForward provided consulting services and collected forty-two hundred dollars cash. The asset account, cash, increased by forty-two hundred dollars and the equity account, consulting revenue, increased by the same amount. See if you can make the general journal entry to record this transaction before moving to the next slide. We increase the cash account with a debit and increase the revenue account, consulting revenue, with a credit. Let’s post the amounts. The general ledger account for cash increased by forty-two hundred dollar so the amount is placed on the debit side of the account. The consulting revenue account increased by the same amount, so it is placed on the credit side of the general ledger account. We could continue on with more transaction, but your homework will help reinforce what we have done here. Let’s take a look at the trial balance of FastForward at the end of December. * FastForward provided consulting services and collected forty-two hundred dollars cash. The asset account, cash, increased by forty-two hundred dollars and the equity account, consulting revenue, increased by the same amount. See if you can make the general journal entry to record this transaction before moving to the next slide. We increase the cash account with a debit and increase the revenue account, consulting revenue, with a credit. Let’s post the amounts. The general ledger account for cash increased by forty-two hundred dollar so the amount is placed on the debit side of the account. The consulting revenue account increased by the same amount, so it is placed on the credit side of the general ledger account. We could continue on with more transaction, but your homework will help reinforce what we have done here. Let’s take a look at the trial balance of FastForward at the end of December. * FastForward provided consulting services and collected forty-two hundred dollars cash. The asset account, cash, increased by forty-two hundred dollars and the equity accoun