10 Things to Look Out for
Listed with SAG-AFTRA
Wherever possible, you should enter into personal management relationships with professional
and ethical representatives that are vetted by your union. Always ask your personal manager,
Are you listed wit
Welcome to the financial accounting preterm. My name isis Jennifer Francis, and am one of the
Welcome to the financial accounting preterm. My name Jennifer Francis and I I am one
instructors for this course. course.
of the instructors for this Your other
PRETERM ACCOUNTING REVIEW
TABLE OF CONTENTS
INTRODUCTION TO THE PRETERM REVIEW . 2
MODULE 1: INTRODUCTION . 4
CHAPTER ONE THE BALANCE SHEET . 4
CHAPTER TWO THE INCOME STATEMENT . 6
MODULE 2: THE ACCOUNTING PROCESS . 10
CHAPTER ONE TRANSACTIONAL ANALYSIS .
In its first month of operations (October), Mallway Corporation had the following transactions:
October 2: Issues 600,000 shares of common stock for $10 cash per share.
October 3: Acquires a building costing $3,
T-Account entries and balance sheet preparation. RDTC Corporation begins operations on
April 1. The firm engages in the following transactions during April:
1. Issues 25,000 shares of common stock for $15 per share in cash.
2. Acquires la
Please prepare the Income Statement for the year ended on March 31st 2008 and the Balance
Sheet as of March 31st 2008 for Cool Computers Company using the Trail Balance below.
Cool Computers Company
(dollars in millions)