What is Accounting?
Learn the difference between Accounting & Bookkeeping
Who are interested in seeing the financial statements?
Learn who are interested in the financial information of a business & what is the role of accounting
The Accounting Information System
Learn the different steps involved in accounting
What are Assets, Liabilities & Owners Equity
Click on the glowing areas to find out the type of assets & liabilities that a business can have
The Accounting Equation
View all four slides for illustrations on how to use the accounting equation
The Accounting Equation (expanded)
View the two slides for an illustration on how to use the expanded equation
The Financial Statements
Income Statement
Balance Sheet
]
