Presentation is loading. Please wait.

Presentation is loading. Please wait.

Bell Ringer What are the four parts of accounting?

Published byElijah Gray Modified over 6 years ago

Similar presentations

Presentation on theme: "Bell Ringer What are the four parts of accounting?"— Presentation transcript:

1 Bell Ringer What are the four parts of accounting?
Why do you think accounting is important? LESSON 1-3

2 How Transactions Change Owner’s Equity in an Accounting Equation
Lesson 1-3 8/3/2018 LESSON 1-3 How Transactions Change Owner’s Equity in an Accounting Equation

3 REVENUE TRANSACTIONS page 14 Transaction 6 August 12. Received cash from sales, $ Transaction 7 August 12. Sold services on account to Oakdale School, $ LESSON 1-3

4 EXPENSE TRANSACTIONS page 15 Transaction 8 August 12. Paid cash for rent, $ Transaction 9 August 12. Paid cash for telephone bill, $40.00. LESSON 1-3

5 OTHER CASH TRANSACTIONS
page 16 Transaction 10 August 12. Received cash on account from Oakdale School, $ Transaction 11 August 12. Paid cash to owner for personal use, $ LESSON 1-3

6 TERMS REVIEW revenue sale on account expense withdrawals page 17
Lesson 1-3 8/3/2018 TERMS REVIEW page 17 revenue sale on account expense withdrawals LESSON 1-3

Download ppt "Bell Ringer What are the four parts of accounting?"

Similar presentations

CENTURY 21 ACCOUNTING © Thomson/South-Western LESSON 3-3 Journalizing Transactions That Affect Owner’s Equity and Receiving Cash on Account.

CENTURY 21 ACCOUNTING © Thomson/South-Western LESSON 3-3 Journalizing Transactions That Affect Owner’s Equity and Receiving Cash on Account.
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 3-1 Journals, Source Documents, and Recording Entries in a Journal.

CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 3-1 Journals, Source Documents, and Recording Entries in a Journal.
CENTURY 21 ACCOUNTING © Thomson/South-Western LESSON 3-2 Journalizing Buying Insurance, Buying on Account, and Paying on Account.

CENTURY 21 ACCOUNTING © Thomson/South-Western LESSON 3-2 Journalizing Buying Insurance, Buying on Account, and Paying on Account.
What you should KNOW from Chapter 1

What you should KNOW from Chapter 1
Job Opportunities in Accounting

Job Opportunities in Accounting
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 1-3 How Transactions Change Owner’s Equity in an Accounting Equation.

CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 1-3 How Transactions Change Owner’s Equity in an Accounting Equation.
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 2-1 Focus questions: What is a debit, credit, and T Account? How do these terms relate.

CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 2-1 Focus questions: What is a debit, credit, and T Account? How do these terms relate.
LESSON 1-3 How Transactions Change Owner’s Equity in an Accounting Equation.

LESSON 1-3 How Transactions Change Owner’s Equity in an Accounting Equation.
CHAPTER 1 Starting a Sole Proprietorship: Changes That Affect the Accounting Equation.

CHAPTER 1 Starting a Sole Proprietorship: Changes That Affect the Accounting Equation.
How Transactions Change Owner ’ s Equity in an Accounting Equation Section 1-3.

How Transactions Change Owner ’ s Equity in an Accounting Equation Section 1-3.
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 1-3 How Transactions Change Owner’s Equity in an Accounting Equation Analyze transactions.

CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 1-3 How Transactions Change Owner’s Equity in an Accounting Equation Analyze transactions.
CENTURY 21 ACCOUNTING © Thomson/South-Western 1 LESSON 1-2 Lesson 1-1 THE ACCOUNTING EQUATION page 8.

CENTURY 21 ACCOUNTING © Thomson/South-Western 1 LESSON 1-2 Lesson 1-1 THE ACCOUNTING EQUATION page 8.
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 1-1 The Accounting Equation.

CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 1-1 The Accounting Equation.
© South-Western Educational Publishing RECEIVED CASH FROM SALES Lesson 3-3, page 51 August 12. Received cash from sales, $325.00. 1 3 4 22 3 4 1 1.Cash.

© South-Western Educational Publishing RECEIVED CASH FROM SALES Lesson 3-3, page 51 August 12. Received cash from sales, $ Cash.
CENTURY 21 ACCOUNTING © Thomson/South-Western LESSON 3-3 Journalizing Transactions That Affect Owner’s Equity and Receiving Cash on Account.

CENTURY 21 ACCOUNTING © Thomson/South-Western LESSON 3-3 Journalizing Transactions That Affect Owner’s Equity and Receiving Cash on Account.
Accounting. How transactions change owner’s equity in accting equation revenue increases Owner’s Equity withdrawls decrease Owner’s Equity received cash.

Accounting. How transactions change owner’s equity in accting equation revenue increases Owner’s Equity withdrawls decrease Owner’s Equity received cash.
CENTURY 21 ACCOUNTING © Thomson/South-Western LESSON 1-3 How Transactions Change Owner’s Equity in an Accounting Equation Original created by M.C. McLaughlin,

CENTURY 21 ACCOUNTING © Thomson/South-Western LESSON 1-3 How Transactions Change Owner’s Equity in an Accounting Equation Original created by M.C. McLaughlin,
LESSON 2-1 Using T Accounts

LESSON 2-1 Using T Accounts
Chapter 2 Starting a Proprietorship: Changes That Affect Owner’s Equity.

Chapter 2 Starting a Proprietorship: Changes That Affect Owner’s Equity.
Changes that Affect Owner’s Equity Chapter 2. Changes that affect OE Revenue ◦Sales ◦Sales on Account Expenses.

Changes that Affect Owner’s Equity Chapter 2. Changes that affect OE Revenue ◦Sales ◦Sales on Account Expenses.

Similar presentations

Ads by Google