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Unformatted text preview: V. Definitions Assets, Liabilities, Owners Equity, and all accounts (i.e. What is Accounts Receivable, etc.) CHAPTER 4: I. Accounting Cycle (what are the 11 steps and what does each step accomplish) II. Transaction analysis ability to identify which specific accounts were affected and how III. Debit and credit rules IV. Journal entry preparation V. Adjusting journal entry preparation VI. Definitions General ledger, debit, credit, accrual basis...
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- Fall '08