[管理学]金融管理学课件_.ppt

LO 3 (continued) Ledger NetSolutions LO 3 Ledger NetSolutions (continued) LO 3 Ledger NetSolutions (concluded) Learning Objective 4 Prepare an unadjusted trial balance and explain how it can be used to discover errors. Trial Balance The equality of debits and credits in the ledger should be proved at the end of each accounting period by preparing a trial balance. LO 4 Unadjusted Trial Balance LO 4 Trial Balance Errors - Transposition A transposition occurs when the order of the digits is changed by mistake, such as writing $542 as $452 or $524. LO 4 LO 4 Trial Balance Errors - Slide In a slide, the entire number is moved one or more spaces to the right or the left by mistake, such as writing $542.00 as $54.20 or $97.50 as $975.00. EE 2-6 Errors Not Affecting the Trial Balance If an error has already been journalized and posted to the ledger, a correcting journal entry is normally prepared. LO 4 Another type of error is a posting error. Assume that on May 5 a $12,500 purchase of office equipment on account was incorrectly journalized and posted as a debit to supplies and a credit to accounts payable for $12,500. Errors Not Affecting the Trial Balance LO 4 Errors Not Affecting the Trial Balance LO 4 The entry to correct the error is: EE 2-7 Learning Objective 5 Describe and illustrate the use of horizontal analysis in evaluating a company’s performance and financial condition. Horizontal Analysis In horizontal analysis, the amount of each item on a current financial statement is compared with the same item on an earlier statement. When two statements are being compared, the earlier statement is used as the base for computing the amount and the percent of change. LO 5 Horizontal Analysis LO 5 $3,000 $12,000 = 25.0% EE 2-8 * The End Analyzing Transactions LO 3 December Transactions LO 3 Accounting Equation Impact Assets = Liabilities + Stockholders’ Equity increase increase LO 3 December Transactions On Dece