Instructor%20Notes%20-%20Chapter%204-1

Instructor%20Notes%20-%20Chapter%204-1 - What accounts are...

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Management 200T The Bookkeeping Process and Transaction Analysis Chapter 4 Bookkeeping Process Balance Sheet Equation – REMEMBER IT!!! A = L + OE Transactions What we’ve been demonstrating the last two classes Jargon/Procedures Journal Ledger Chart of Accounts “T” Accounts Debit Credit Transaction Analysis Methodology What’s going on?
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Unformatted text preview: What accounts are affected? How are they affected? Does the balance sheet balance? Does my analysis make sense? Management 200T The Bookkeeping Process and Transaction Analysis Chapter 4 Assets Increase = Debit Decrease = Credit Liabilities Increase = Credit Decrease = Debit Owners Equity Increase = Credit Decrease = Debit...
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Instructor%20Notes%20-%20Chapter%204-1 - What accounts are...

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