财务会计(英文版·原书第5版)ch02.pptxVIP

The Recording Process;Explain what an account is and how it helps in the recording process. Define debits and credits and explain their use in recording business transactions. Identify the basic steps in the recording process. Explain what a journal is and how it helps in the recording process. Explain what a ledger is and how it helps in the recording process. Explain what posting is and how it helps in the recording process. Prepare a trial balance and explain its purposes.;The Account;Record of increases and decreases in a specific asset, liability, equity, revenue, or expense item. Title =