16-1 ©2002PrenticeHallBusinessPublishing,IntroductiontoManagementAccounting12/e,Horngren/Sundem/Stratton Chapter16 BasicAccounting: Concepts,Techniques, andConventions ©2002PrenticeHallBusinessPublishing,IntroductiontoManagementAccounting12/e,Horngren/Sundem/Stratton 16-2 LearningObjective1 Readandinterprettheba...
then an error has occurred somewhere in the process If the trial balance is not in balance, then an error has been made somewhere in the accounting process. Common errors that would result in an unbalanced trial balance Summation
The Money Measurement Concept In financial accounting, a record is made only of information that can be expressed in monetary terms. 2. The Entity Concept Accounts are kept for entities, as distinguished from the persons who are associated with these entities. 3. The Going Concern Concept Unless...
Concept#1:MoneyMeasurement(货币计量）Accountingrecordsarerecordedinmonetarytermsatthevalueattimetransactionisrecorded.Thisisaseverelimitation.Arecordismadeonlyofinformationthatcanbeexpressedinmonetaryterms.Ifsomethingcan’tbevalueditcan’tberecorded;e.g.,president’shealth,affectofstrike.
Basic Accounting Principles BasicAccountingPrinciples TheFinancialStatements AccountingTerms ➢Account •Agroupofitemshavingcommoncharacteristics ➢TypesofAccounts •Asset Liability •Income Expense •Equity ChartofAccounts ➢Listingofalloftheaccountsusedbyabusiness AssetAccounts ➢ItemsofValue➢...
会计基础串讲(Basic accounting construe) Chuanjiang -- accounting based information The first chapter is general introduction A special method of accounting, including the accounting department set property inventory, double entry, fill in accounting vouchers, registration books, cost accounting, inventory,...
BasicManagementAccountingandControlConcepts管理会计与控制基本概念 0109 20130115©Dr.MartinE.Taylor ManagerialAccountingandFinancialAccounting管理会计与财务会计 Managerialaccountingprovidesinformationformanagersinsideanorganizationwhodirectandcontroloperations管理会计为企业内部负责经营管理的人员提供信息。Financial...
accountingwerestipulatedin《Theenterprise accountingstandards--basicstandard》,theyaretheaccountingentity,goingconcern,accountingperiodandmonetarymeasurement.3 1.TheAccountingEntity Theaccountingentitymeansthespecificunitthataccountingserves.Thisspecificunitmaybeasinglecompany,oragroupthatconsistsofanumberofenterprises.Itcan...
So far, I've learned basic accounting professional courses and related tools disciplines, also have a preliminary understanding of the accounting discipline. Computer, I have a learning initial word excel access ppt and other operations, the current through computer processing simple economic busine 翻...
01-基础会计 练习题：01- basic accounting exercises 会计学课堂练习题 填空题 1会计的职能包括：（）、（）。2会计要素包括：（）、（）、（）、（）、（）、（）共六个要素。3会计等式：（）=（）+（）（）=（）-（）填空题 4会计的四个基本假设包括：（）、（）、...