Presentation is loading. Please wait.

Presentation is loading. Please wait.

Puzzled by these accounting terms? Liabilities Equity Assets Expenses Revenues.

Published byThomasine Perkins Modified over 9 years ago

Similar presentations

Presentation on theme: "Puzzled by these accounting terms? Liabilities Equity Assets Expenses Revenues."— Presentation transcript:

1

2 Puzzled by these accounting terms? Liabilities Equity Assets Expenses Revenues

3 PICPAAbu Dhabi is

4

5 Accounting for Non-Accountants Seminar Accounting for Non-Accountants Seminar on 22 October 2010 Business Professionals Education Center Office 110 Block B, Hamdan Center, Hamdan St. Abu Dhabi Registration Fee: AED 80 inclusive of snacks, lunch, souvenir and seminar certificates.

6 1. Petty Cash Management 2. Financial Statements Preparation Made Easy 3. How to read Audited Financial Statements In this seminar, you’ll learn:

7 Contact: Ghlenda Vinensig: 050-6119758 Arnel V. Laigo: 050-5463917 Salvador Caacbay: 050-5849325 For more details: Email us: picpa.auh@gmail.compicpa.auh@gmail.com Mylene Millan : 050-9087085

Download ppt "Puzzled by these accounting terms? Liabilities Equity Assets Expenses Revenues."

Similar presentations

Petty Cash Balance Sheet Debit Current Asset. Loss on Plant Asset Income Statement Debit Other Expense.

Petty Cash Balance Sheet Debit Current Asset. Loss on Plant Asset Income Statement Debit Other Expense.
What are the account classifications Asset Asset Liability Liability Owner’s Equity Owner’s Equity Revenue Revenue Expense Expense.

What are the account classifications Asset Asset Liability Liability Owner’s Equity Owner’s Equity Revenue Revenue Expense Expense.
GAAP PowerPoint #4.  A formal record of the financial activities of a business  Includes four basic financial statements: ◦ Balance Sheet (Statement.

GAAP PowerPoint #4.  A formal record of the financial activities of a business  Includes four basic financial statements: ◦ Balance Sheet (Statement.
CENTURY 21 ACCOUNTING © Thomson/South-Western LESSON 4-1 Preparing a Chart of Accounts.

CENTURY 21 ACCOUNTING © Thomson/South-Western LESSON 4-1 Preparing a Chart of Accounts.
Preparing a business performance summary:. What you’ll learn  How to determine what the profit is for a business for a year.  Considerations that one.

Preparing a business performance summary:. What you’ll learn  How to determine what the profit is for a business for a year.  Considerations that one.
CENTURY 21 ACCOUNTING © Thomson/South-Western LESSON 7-1 Preparing an Income Statement.

CENTURY 21 ACCOUNTING © Thomson/South-Western LESSON 7-1 Preparing an Income Statement.
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning REPORTING FINANCIAL INFORMATION The financial information needed by business managers and.

CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning REPORTING FINANCIAL INFORMATION The financial information needed by business managers and.
LESSON 4-1 Preparing a Chart of Accounts. 4-12 A group of accounts Ledger.

LESSON 4-1 Preparing a Chart of Accounts A group of accounts Ledger.
Preparing an Income Statement LESSON 7-1.  An income statement reports financial information over a specific period of time, indicating the financial.

Preparing an Income Statement LESSON 7-1.  An income statement reports financial information over a specific period of time, indicating the financial.
Financial Puzzle FINANCIAL STATEMENTS By PresenterMedia.com PresenterMedia.com.

Financial Puzzle FINANCIAL STATEMENTS By PresenterMedia.com PresenterMedia.com.
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.
Chapter 1 The Basics of Accounting. What is Accounting? Accounting Plan, record, analyze, interpret Accounting System Process of providing the information.

Chapter 1 The Basics of Accounting. What is Accounting? Accounting Plan, record, analyze, interpret Accounting System Process of providing the information.
Financial Statements, Taxes and Cash Flow1 Financial Statements, Taxes and Cash Flows Financial Statements  Assets Building $190,000 Accumulated Depreciation.

Financial Statements, Taxes and Cash Flow1 Financial Statements, Taxes and Cash Flows Financial Statements  Assets Building $190,000 Accumulated Depreciation.
Quible Security Systems Income Statement Year Ended December 31, 2010 $XXX,XXX $XX,XXX $XXX,XXX $XX,XXX REVENUES: Service Revenue EXPENSES: Salary expense.

Quible Security Systems Income Statement Year Ended December 31, 2010 $XXX,XXX $XX,XXX $XXX,XXX $XX,XXX REVENUES: Service Revenue EXPENSES: Salary expense.
Posting from a General Journal to a General Ledger Accounting I Chapter 4, Section 1.

Posting from a General Journal to a General Ledger Accounting I Chapter 4, Section 1.
Accounting: Financial Statements!! BBI 2O1. The Balance Sheet Shows a business’s financial position on a particular date The Balance Sheet Equation –

Accounting: Financial Statements!! BBI 2O1. The Balance Sheet Shows a business’s financial position on a particular date The Balance Sheet Equation –
What financial statement uses net income (or net loss) taken directly from the income statement?

What financial statement uses net income (or net loss) taken directly from the income statement?
How will the business generate earnings and what might its expenses be?  Revenue ◦ Earnings from a business’s activities  Expenses ◦ Outgoing payment.

How will the business generate earnings and what might its expenses be?  Revenue ◦ Earnings from a business’s activities  Expenses ◦ Outgoing payment.
Chart of Accounts.

Chart of Accounts.
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.

Similar presentations

Ads by Google