会计入门第二讲英文版).pptVIP

* THE RECORDING PROCESS ILLUSTRATED continued Journal entry Posting Debit-credit analysis Debits increase assets: debit Advertising Supplies $250 Credits increase liabilities: credit Accounts Payable $2500 Oct 5 Advertising Supplies 126 2 500 Accounts Payable 201 2 500 (Purchased supplies  on account from  Aero Supply) Accounts Payable 201 Oct 5 2 500 Advertising Supplies 126 Oct 5 2 500 School of Business * THE RECORDING PROCESS ILLUSTRATED continued 7. Hiring of employees Basic analysis D