会计英语Unit_2教材教学课件.pptVIP

Accounting English Unit Two Learning Objectives Unit Two to name elements of financial statements; to describe relationship of elements of financial statements; to analyze business transactions and determine their effects in elements of financial statements; to record effects of business transactions on accounts in terms of debit and credit five different types of accounts; to describe the rules of Double-entry Procedure. If a company’s assets increase by $20,000 and its liabilities decrease by $5,000, how much did the owner’s equity increase or decrease? Warming-up