会计学Chapter04.pptVIP

Chapter 4 Adjustments, Financial Statements, and the Quality of Earnings Business Background Accounting Cycle During the period: Analyze transactions. Record journal entries. Post amounts to general ledger. Learning Objectives Adjusting Process At the end of the accounting period, adjusting journal entries are recorded for internal transactions that have a direct and measurable effect on the accounting entity, particularly for revenue and expense recognition. Adjusting Entries Adjusting Entries Deferred Revenue Deferred Revenue Deferred Revenue Deferred Revenue Deferred Revenue Deferred Rev