Chapter2TransactionAnalysis会计英文

上传人:m**** 文档编号:579965411 上传时间:2024-08-27 格式:PPT 页数:23 大小:686KB
返回 下载 相关 举报
Chapter2TransactionAnalysis会计英文_第1页
第1页 / 共23页
Chapter2TransactionAnalysis会计英文_第2页
第2页 / 共23页
Chapter2TransactionAnalysis会计英文_第3页
第3页 / 共23页
Chapter2TransactionAnalysis会计英文_第4页
第4页 / 共23页
Chapter2TransactionAnalysis会计英文_第5页
第5页 / 共23页
点击查看更多>>
资源描述

《Chapter2TransactionAnalysis会计英文》由会员分享,可在线阅读,更多相关《Chapter2TransactionAnalysis会计英文(23页珍藏版)》请在金锄头文库上搜索。

1、Chapter 2 Recording Business TransactionsuTHE ACCOUNT, THE JOURNAL AND THE LEDGERuDEBITS, CREDITS AND DOUBLE-ENTRY ACCOUNTINGuTRANSACTION RECORDING PROCESSuRECORDING TRANSACTIONSuPREPARING THE TRIAL BALANCELifang DiLifang DiSchool of Economics and Management ZJNUSchool of Economics and Management ZJ

2、NUTel: 658112Tel: 658112Email: Email: The Account, the Journal and the LedgerAccounts is the detailed record of all the changes that have occurred in a particular asset, liability or owners (stockholders) equity. It is the basic summary device of accounting. Journal is the chronological record of tr

3、ansactions.Ledger is the book holding all the accounts with their balances.Trial balance is the list of all the accounts with their balances.Analyze each transaction and event from source documentsAccounting ProcessRecord transactions and events in a journal (分录簿分录簿)Post journal information to the l

4、edger (账簿账簿)Prepare the trial balance (试算平衡表试算平衡表)AssetsAccountsAssetsAccountsAssetAccounts=The Account Groups+LiabilityAccountsLiabilityAccountsLiabilityAccountsEquityAccountsEquityAccountsEquityAccountsOwner, CapitalOwner, WithdrawalsLandEquipmentBuildingsCashNotes ReceivableSuppliesPrepaid expens

5、esAccounts ReceivableAssetAccountsAsset AccountsAccrued LiabilitiesUnearned RevenueNotes PayableAccounts PayableLiabilityAccountsLiability AccountsEquityAccountsRevenuesCapitalDrawingExpensesEquity AccountsChart of AccountsThe chart of accounts (会计科目表) is a list of all accounts and includes an ident

6、ifying number for each account.T-Account, Debits and CreditsA T-account (TA T-account (T形账户形账户) represents a general ) represents a general ledger account and is a tool used to ledger account and is a tool used to understand the effects of one or more understand the effects of one or more transactio

7、ns. transactions. LiabilitiesEquityAssets=+Double-Entry AccountingDebit CreditDebit CreditDebit CreditASSETS + + - -LIABILITIES - - + +EQUITIES - - + +An account balance is the difference between the increases and decreases in an account.Normal balance is the side an account increases. RevenuesReven

8、uesExpensesExpensesCapitalCapitalDrawing/DiviDrawing/Dividendsdends_ _+ +_ _Debit CreditCapital - - + +Debit CreditDrawing/Dividends + + - -Debit CreditExpenses + + - -Debit Credit Revenues - - + +Double-Entry AccountingEquityDollar amount of debits and creditsJournalizing TransactionsTransaction Da

9、teTransaction explanationTitles of Affected AccountsBalance Column AccountT-accounts are useful illustrations, but balance column ledger accounts are used in practice.Posting Journal Entries1Identify the debit account in ledger.2Enter the date.3Enter the amount and description.4Enter the journal ref

10、erence.5Compute the balance.Enter the ledger reference.6Analyzing TransactionsAnalysis:Double entry:101301Posting:Analyzing TransactionsAnalysis:Double entry:126101Posting:Analyzing TransactionsAnalysis:Double entry:167101Posting:Analyzing TransactionsAnalysis:Double entry:126201Posting:Analyzing Tr

11、ansactionsAnalysis:Double entry:403101Posting:Preparing a Trial BalancePreparing a trail balance involves three steps:1.List each account title and its amount (from ledger) in the trial balance. If an account has a zero balance, list it with a zero in the normal balance column (or omit it entirely).

12、2.Compute the total of debit balances and the total of credit balances.3.Verify (prove) total debit balances equal total credit balances.After processing its remaining transactions for December, FastForwards Trial Balance is prepared.DebitsCreditsCash4,350$ Accounts receivable- Supplies9,720 Prepaid

13、 Insurance2,400 Equipment26,000 Accounts payable6,200$ Unearned consulting revenue3,000 C. Taylor, Capital30,000 Owners Withdrawals200 Consulting revenue5,800 Rental revenue300 Salaries expense1,400 Rent expense1,000 Utilities expense230 Total45,300$ 45,300$ FastForwardTrial BalanceDecember 31, 2009

14、The trial balance lists all account balances in the general ledger. If the books are in balance, the total debits will equal the total credits.End-of-Chapter HomeworkOptional:Review: accounting vocabulary on P98Quick Check:multiple choice questions on P99Required to submit:Assess Your Progress:S2-5, S2-9, E2-13,E2-14谢谢观赏!谢谢观赏!

展开阅读全文
相关资源
正为您匹配相似的精品文档
相关搜索

最新文档


当前位置:首页 > 资格认证/考试 > 自考

电脑版 |金锄头文库版权所有
经营许可证:蜀ICP备13022795号 | 川公网安备 51140202000112号