Reviewing chapters 1-9 of financial accounting.
Topics covered:
- Journal Entries
- T-accounts
- Trial Balance
- Net Income/Net Loss
- Calculating Total Assets
- Calculating Total Liabilities
- Determining Ending Owner's Capital
- Merchandising Operations (Journal Entries)
- Perpetual Inventory (FIFO, LIFO, Average Cost)
- Special Journals
- Bank Reconciliation
- Allowance Method (% of sales and % of receivables)