ACC 211

 

Principles of Accounting I Class Handout List

 

Handout #

 

#1

 

 

#2

 

 

#3

 

#4

 

#5

 

 

#6

 

#7

 

#8

 

#9

 

 

#10

 

#11

Handout Topic

 

Introduction to accounting --- recording financial transactions & creating financial statements

 

General ledger, general journal & debits and credits

 

Adjusting entries

 

Closing entries

 

Merchandising firms --- perpetual inventory system & periodic inventory system

 

FIFO, LIFO, & weighted average

 

General ledger & subsidiary ledger

 

Handling cash

 

Accounts receivable & short-term notes receivable

 

Plant assets

 

Current liabilities

 

 

 

 

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