Survey Of Accounting
Survey Of Accounting
4th Edition
ISBN: 9780077862374
Author: Edmonds, Thomas P.
Publisher: Mcgraw-hill Education,
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Financial Transaction Analysis
The transaction analysis is done with the help of the accounting equation. The basic accounting equation is alternatively known as the balance sheet equation is based on the double-entry system which says that for each transaction happening in a business…
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Chapter B, Problem 2E

a.

To determine

Record these transactions in general journal form.

b.

To determine

Post the transaction data from the journal to ledger T-accounts.

c.

To determine

Determine the amount of total assets at the end of 2014.

d.

To determine

Determine the amount of net income for 2014.

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Chapter B Solutions

Survey Of Accounting

Ch. B - Debit/credit terminology Required For each of the...Ch. B - Prob. 2ECh. B - Prob. 3ECh. B - Prob. 4E
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The ACCOUNTING EQUATION For BEGINNERS; Author: Accounting Stuff;https://www.youtube.com/watch?v=56xscQ4viWE;License: Standard Youtube License