'Credit side' diaporamas de présentation

Chapter 07. Cash. Cash Rules for Cash Checks Deposit Slips Types of Endorsements Steps in Reconciling the Cash Ledger account and the Bank Statement Cash Funds (Assets) Petty Cash Change Fund. Objectives. Cash Is King. Why is the saying “cash is king” true?

PRINCIPLES OF BOOK KEEPING. K.ESWAR. MBA( XLRI) CHIEF MANAGER & FACULTY SPBT COLLEGE. MUMBAI 16.10.07. DEFINITION AND SCOPE ACCOUNTING STANDARDS. ACCOUNTING IS LANGUAGE OF BUSINESS. OOMMUNICATE THE RESULT OF BUSINESS OPERATIONS AND ITS OTHER ASPECTS.

Chapter 4. Overhead Disposition. Prepared by Diane Tanner University of North Florida. GL Accounts Used to Accumulate MOH. Two options in GL accounts for manufacturing overhead Use separate accounts for the actual MOH costs and the MOH applied amounts

The System of Accounting. The Entity Concept. Any organizational unit. The Entity Concept. Any organizational unit for which we want. The Entity Concept. Any organizational unit for which we want financial information. Assets. Anything of value held by an organization Assets have. Assets.

Receipt Voucher (Cash). R-FA. Receipt Voucher (Cash). Receipt Voucher (Cash) are created when we receive amount by cash and which is not against any bill / LR of R-Logic else for those entry will be done from R-Logic only. To start on the main screen click on Transaction Option.

Cash Payment Journal. Words to Know. Cash Payments Journal List Price Trade Discount Cash Discount Purchases Discount Contra Account. Journalizing Cash Payments for Expenses. Record all cash payments by the business in the cash payments journal. Most cash payments are for: Expenses

3. Chapter. The Double-Entry Framework. 1. Define the parts of a T account. The T Account. SHAPED LIKE a “T” . Debit. Credit. The T Account. Debit means Left. Credit means Right. Debit. Credit. The T Account. Abbreviation for Debit. Dr. Cr. Abbreviation for Credit.

Transactions That Affect Revenue, Expenses, and Withdrawals. Chapter Five, Section 1. Temporary and Permanent Accounts. Temporary Accounts Revenue, Expense, and Withdrawal Start each period with zero balances Permanent Accounts Assets, Liabilities, and Owner’s Equity

4.2 Debit/ Credit Theory. Debit An entry recording an amount owed, listed on the left-hand side or column of an account. Credit The ability to obtain goods or services before payment, based on the trust that payment will be made in the future: "unlimited credit". Review of Debit & Credit.

THE ACCOUNTING CYCLE: Capturing Economic Events. Chapter 3. The Ledger. Accounts are individual records showing increases and decreases. Cash. Accounts Payable. The entire group of accounts is kept together in an accounting record called a ledger. Capital Stock.

Principles of Accounting. Debits and Credits. Help Lesson #3. By Laurie L. Swanson. Debits and Credits. Use this presentation to help you learn about debits and credits. Foundation. The prerequisite for this tutorial is a thorough understanding of analyzing transactions.

Chapter 2. T-accounts, Debits and Credits, Trial Balance, Financial Statements. T-accounts. Used instead of columns for each account T-account form One side of T: record increases to account (+) One side of T: record decreases to account (-) Add up each side of the T

Analyzing Transactions into debit and credit parts. Chapter 3. T-Account- An accounting device used to analyze transactions. Assets = Liabilities and Owner’s Equity. Using T-Accounts. Debit- An amount recorded on the Left side of the t-account

Receipt Voucher (Bank). R-FA. Receipt Voucher (Bank). Receipt Voucher (Bank) is created when some payment is received through Bank If the payment is received against a Bill /LR then this entry is done from R-Logic module’s Money Received (MR) voucher.

Charpter four Accounting methods. Debit side Credit side Luca Paciolio: Italian mathematician and Franciscan friar the father of accounting Summa de arithmetica, geometria, proportioni et proportionalita. 4.1 The Double-Entry System of Accounting. Double-entry accounting Debit

Business Studies/ Accounting Transition Year Module. Joan Martin. This module is revision for students who are studying Junior Certificate Business Studies and have an interest in studying Accounting for Leaving Certificate as part of their Transition Year course.

Principles of Accounting. Debits and Credits. Help Lesson #3. By Laurie L. Swanson. Debits and Credits. Use this presentation to help you learn about debits and credits. Foundation. The prerequisite for this tutorial is a thorough understanding of analyzing transactions.

The Chart of Accounts. Accounts and the Double-Entry Accounting System. Section 4.1. chart of accounts A list of all accounts used by a business. Home. The Chart of Accounts. Accounts and the Double-Entry Accounting System. Section 4.1.

Module 3. Analysis and Recording of Transactions. Learning Objectives. The Accounting Cycle. Analyze transactions. Prepare post-closing trial balance. 9. 1. Journalize. 2. 2. Close. 8. Post. 3. Prepare statements. 7. Prepare unadjusted trial balance. 4. Adjust.

JAIIB / Diploma in Banking & Finance ACCOUNTING AND FINANCE FOR BANKERS. Book Keeping - MODULE – B CA R. C. JOSHI B.Com(Hons.),LL.B,CAIIB,FCA. DEFINITION AND SCOPE ACCOUNTING STANDARDS. ACCOUNTING IS LANGUAGE OF BUSINESS.