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Who Uses Accounting Data
The information that a user of financial information needs depends upon the kinds of decisions the user makes.There are two broad groups of ...
WHAT IS ACCOUNTING? (2)
Why is accounting so popular? What consistently ranks as one of the top career opportunities in business? What frequently rates among the mo...
Timing issues
Accountants divide the economic life of a business into artificial time periods (Time Period Assumption) Generally a month , a quarter , or ...
Guidelines for Revenue Recognition
In general, the guidelines for revenue recognition are quite broad. On top of the broad guidelines, certain industries have specific additio...
What are Dividends Payable?
Any profit that the firm makes belongs to the owners of that firm. They are the shareholders. The amount of the profit that each shareholder...
Accounting Principles (Kieso)
Accounting Principles - 8th Edititon powerpoint-slides http://www.megaupload.com/?d=QEX7ZUT0 http://www.megaupload.com/?d=3BBT9XGY htt...
Intermediate Accounting - 11th Edititon
powerpoint chapters http://www.megaupload.com/?d=ZI7T44VF Kieso Textbook Chapters http://www.megaupload.com/?d=UN1XYK3F
Posting
Posting – the process of transferring amounts from the journal to the ledger accounts.
Double entry
Double-entry accounting system Each transaction must affect two or more accounts to keep the basic accounting equation in balance. Recordin...
The Ledger
A General Ledger contains the entire group of accounts maintained by a company. The General Ledger includes all the asset, liability, own...
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2012
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Jan 18
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Guidelines for Revenue Recognition
Who Uses Accounting Data
WHAT IS ACCOUNTING? (2)
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2009
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September
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