... and to accounting principles and concepts. Describe the educational requirements and general responsibilities of various accounting careers. Use the basic accounting equation. ...
The basic accounting equation Cost of goods sold How profit relates to cash. Includes 26 minute training video, one student workbook, a CD-ROM with printable leader
Some of the concepts covered are the accounting equation, double entry accounting, and debits and credits. Also, two basic financial statementsthe balance sheet ...
Concept: Using the fundamental accounting equation, understand how to analyze basic business transactions. Objectives. Know the fundamental accounting equation; Understand the components of the ...
Over the next three months, well cover accountings basic concepts including: the accounts in accounting, the accounting equation, using T account diagrams, and accrual vs. cash basis accounting.