Basics of Accounting & Information Processing
Welcome to the World of AccountingAccounting InformationAccounting DefinedFinancial AccountingManagerial AccountingA Quality Information SystemInherent LimitationsThe Accounting Profession and CareersAccounting and Professional EthicsThe Fundamental Accounting EquationAssetsLiabilitiesOwners' EquityBalance SheetHow Transactions Impact the Accounting EquationEdelweiss Collects an Account ReceivableEdelweiss Buys Equipment With Loan ProceedsEdelweiss Provides Services to a Costumer on AccountEdelweiss Pays Expenses With CashGeneralizing About the Impact of TransactionsDistinguishing Between Revenue and IncomeThe Core Financial StatementsFinancial StatementsIncome StatementThe Statement of Retained EarningsBalance SheetStatement of Cash FlowsArticulationUnlocking the Mystery of ArticulationInformation ProcessingAccounts, Debits, and CreditsAccountsDebits and CreditsThe Fallacy of "+/-" NomenclatureThe Debit/Credit RulesAssets/Expanses DividendsLiabilities/Revenues/EquityAnalysis of Transactions and EventsDetermining an Account's BalanceA Common Misunderstanding About CreditsThe JournalIllustrating the Accounting JournalSpecial JournalsPage NumberingBut, What are the Account Balances?The General LedgerPostingTo ReviewThe Trial BalanceDebits Equal CreditsFinancial Statements From the Trial BalanceComputerized Processing SystemsWhat do they Look LikeT-accountsComprehensive T-Accounting IllustrationChart of AccountControl and Subsidiary Accounts
