[管理学]chapter 1 accounting matters.pptVIP

Financial Accounting 财务会计;Assessment;Textbook;Chapter 1;Study Objectives;WHAT IS ACCOUNTING;Identification;USERS OF ACCOUNTING;THE BUILDING BLOCKS OF ACCOUNTING 会计的基石;ETHICS 道德;ETHICS 道德;THE BUILDING BLOCKS OF ACCOUNTING;Governing organizations in US;Public Sector (SEC);standards and the principles;THE BUILDING BLOCKS OF ACCOUNTING;ACCOUNTING ASSUMPTIONS;MONETARY UNIT ASSUMPTION;ACCOUNTING ASSUMPTIONS;Types of Business Organizations;Proprietorship;Proprietorship;Partnership;Corporation;Corporations;THE BASIC ACCOUNTING EQUATION;assets;assets;Liability ;STOCKHOLDERS’ EQUITY;PAID-IN CAPITAL;RETAINED EARNINGS;REVENUES;EXPENSES;DIVIDENDS;;INCREASES DECREASES IN STOCKHOLDERS’ EQUITY ;TRANSACTION ANALYSIS;HOW BUSINESS TRANSACTIONS AFFECT THE ACCOUNTING EQUATION;TRANSACTION IDENTIFICATION PROCESS;TRANSACTION 1;There is an increase in the asset Cash, $15,000, and an equal increase in the stockholders’ equity, Common Stock, $15,000.;TRANSACTION 2;Cash is decreased $7,000 and the asset Equipment is increased $7,000.;TRANSACTION 3;The asset Supplies is increased $1,600 and the liability Accounts Payable is increased by the same amount.;TRANSACTION 4;Cash is increased $1,200 and Retained Earnings is increased $1,200.;TRANSACTION 5;Accounts Payable is increased $250, and Retained Earnings is decreased $250.;TRANSACTION 6;(6) +1,500 +2,000 +3,500 revenue ;TRANSACTION 7;(7) -1,700 -600 Rent