Adjusting Entries
Acc week 7
The Adjusting Process ACG 2021 Chapter 3. Accounting period concept: Cash basis –Revenues and expenses are reporting the income statement in the period.
Adjusting Accounts for Financial Statements PowerPoint Slides to accompany Fundamental Accounting Principles, 14ce Prepared by Joe Pidutti, Durham College.
Copyright © 2007 Prentice-Hall. All rights reserved 1 The Adjusting Process Chapter 3.
© The McGraw-Hill Companies, Inc., 2003 McGraw-Hill/Irwin Slide 3-1 3 Reporting and Preparing Financial Statements.
Chapter 3 Preparing Financial Statements. 123456789101112 1234 Annually 12 Monthly Quarterly Semiannually The Accounting Period Jan FebMar Apr MayJunJulAugSepOctNovDec.
Adjusting Entries and Closing Process Module 4. SAP 2007 / SAP University Alliances Introductory Accounting Explain the purpose of adjustments.Outline.
Chapter 3. Differentiate between accrual and cash-basis accounting 2Copyright (c) 2009 Prentice Hall. All rights reserved.
Managerial Accounting - 2.1 Measuring Business Income: The Adjusting Process Chapter 3.
Chapter 17 Statement of Cash Flows Slides Authored by Brian Leventhal University of Illinois at Chicago FINANCIAL REPORTING & ANALYSIS 2e REVSINE – COLLINS.
