复式记账（二）.pptVIP

Chapter 6 Journalizing Main Points: 1. Accounting cycle and source documents. 2. Journal. 3. The procedure for recording transactions in the general journal. Time Allocated: 4 Periods Learning Objectives The students are required to -- understand and define accounting cycle. have an idea about source documents. have a good command of the procedure for recording transactions in the general journal. Revision (1) 1. What is considered as the heart of modern accounting? -- The double-entry system is considered as the heart of modern accounting. 2. What is double-entry system? -- The double-entry is part of the language of business. It provides checks and balances to ensure that your books are always in balance. Revision (2) 3.What does the double-entry system have? -- It has two journal entries: a debit and a credit and debits must always equal credits. 4. Why must credits always equal credits? -- Because debits equal credits, double-entry accounting prevents some common bookkeeping errors. Revision (3) 5. Translate the following phrases into English: 复式记账 资产负责表 应收帐款 应付帐款 影印设备 影印用品 办公用品 预付保险费 影印收入 预收影印费 煤气水电费 电话费用 Revision (4) 6. Answer the following orally: On the basis of accounting equation, if a debit (increases) assets, a credit must (increase) liabilities or owner’s equity. Conversely, if a credit (decreases) assets, a debit must (decrease) liabilities and owner’s equity. Warm-up 1.What does accounting cycle refer to? -- The accounting cycle refers to the accounting process that begins with the analysis of transactions to the closing of books. 2. What is double-entry system? -- The double-entry is part of the language of business. It provides checks and balances to ensure that your books are always in balance. Presentation In chapter five we have learnt double-entry system which is considered as the heart of modern accounting a