PPT-Accounts in English Adjusting Entries

Adjusting Entries purpose of adjusting entries Prepaid expenses Unearned revenue Accrued expenses Accrued revenue T he purpose of adjusting entries For purposes of measuring income and preparing financial statements the life of a business is divided into a series of accounting periods This practice enables decision makers to company the financial statements of successive periods and to identify significant trends But measuring net income for a relatively short accounting period such as a month even a year poses a . Recording Adjusting Entries. 2. LESSON 16-1. ADJUSTING ENTRIES RECORDED FROM A WORK SHEET. 3. page 480. 2. 1. 4. 5. 6. 7. 1. Heading. 2. Date. 3. Identify the first adjustment. 4. Account debited. 5. Debit. Chapter 3. 1. Adjusting Attack. 2. Accrual versus cash-basis accounting & key elements of accrual accounting. Adjusting entries, why, what, how. Using the worksheet. to facilitate the process. Accrual versus cash-basis accounting. Understand basic accounting terminology.. Explain double-entry rules.. Explain how transactions affect the accounting equation.. Identify the steps in the accounting cycle and the steps in the recording process.. Data . Structures. Self-Adjusting. Data . Structures. 2. Lists. [D.D. . Sleator. , R.E. . Tarjan. , . Amortized Efficiency of List Update Rules. , Proc. 16. th. Annual ACM Symposium on Theory of Computing, 488-492, 1984]. Federal and State Programs . Special thanks to OA Peterson Elementary School Fort Worth, Texas for their PowerPoint ideas and information. . Registration. Complete the necessary paper required by your school.. D. D. . Sleator. and R. E. . Tarjan. | AT&T Bell Laboratories. Journal of the ACM . | Volume 32 | Issue 3 | Pages 652-686 | 1985. Presented By: . James A. Fowler, Jr. | November 30, 2010. George Mason University | Fairfax, Virginia. Data . Structures. Self-Adjusting. Data . Structures. 2. Lists. [D.D. . Sleator. , R.E. . Tarjan. , . Amortized Efficiency of List Update Rules. , Proc. 16. th. Annual ACM Symposium on Theory of Computing, 488-492, 1984]. Chapter 16. 16-. 1. Learning Objectives. Describe the information processing operations required to update the general ledger and to produce reports for internal and external users.. Identify the major threats in general ledger and reporting activities and evaluate the adequacy of various control procedures for dealing with them.. LO. 8. . Journalize and post the adjusting entries for supplies and prepaid insurance.. Adjusting Entry for Supplies. Journal entries recorded to update general ledger accounts at the end of a fiscal period are called . June 2014. Agenda. Alternative use for MTD Project Budget Report. Roll up to specific object position. Determine . Accounts Receivable and Unearned Revenue. Flexible Period Earnings Report. Payments Report – Revenues . Accounting . February 2014. Warm Up. The Walt Disney Company. What do you think of when you hear the word DISNEY?. How many of you think of the environment when you hear the word Disney?. Warm Up. D. D. . Sleator. and R. E. . Tarjan. | AT&T Bell Laboratories. Journal of the ACM . | Volume 32 | Issue 3 | Pages 652-686 | 1985. Presented By: . James A. Fowler, Jr. | November 30, 2010. George Mason University | Fairfax, Virginia. Accruals. Made to record:. . Revenues earned and . . OR. Expenses incurred . in the current accounting period that have not been recognized through daily entries.. Adjusting Entries for Accruals. Discover the nuances of AP English Language and English Literature with this detailed guide. Explore key concepts, study tips, and resources to excel in these challenging courses.