Analyzing and Recording Transactions推荐.pdfVIP

2 Analyzing and Recording Transactions A Look Back A Look at This Chapter A Look Ahead Chapter 1 defined accounting and This chapter focuses on the accounting Chapter 3 extends our focus on introduced financial statements. We process. We describe transactions and processing information. We explain the described forms of organizations and source documents, and we explain the importance of adjusting accounts and identified users and uses of accounting. analysis and recording of transactions. the procedures in preparing financial We defined the accounting equation The accounting equation, T-account, statements. and applied it to transaction analysis. general ledger, trial balance, and debits and credits are key tools in the accounting process. Learning Objectives CAP CONCEPTUAL ANALYTICAL PROCEDURAL C1 Explain the steps in processing A1 Analyze the impact of transactions P1 Record transactions in a journal and transactions and the role of source on accounts and financial post entries to a ledger. (p. 56) documents. (p. 50) statements. (p. 59) P2 Prepare and explain the use of a trial C2 Describe an account and its use in A2 Compute the debt ratio and describe bal