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Single step income statement - PowerPoint PPT Presentation

Chapter 12

Chapter 12

Chapter 12 Work Sheet and Adjusting Entries Chapter 12 Performance Objectives: New Adjustments: Adjustment for Supplies Adjustment for merchandise inventory under the periodic inventory system Adjustment of unearned revenue Complete the work sheet with the new adjustments

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Electronic Presentation by Douglas Cloud Pepperdine University

Electronic Presentation by Douglas Cloud Pepperdine University

Survey of Accounting. Electronic Presentation by Douglas Cloud Pepperdine University. Carl S.Warren. Task Force Clip Art included in this electronic presentation is used with the permission of New Vision Technology of Nepean Ontario, Canada. Chapter 4.

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ACCOUNTING FUNDAMENTALS FOR MANAGERS

ACCOUNTING FUNDAMENTALS FOR MANAGERS

ACCOUNTING FUNDAMENTALS FOR MANAGERS. University of Management and Technology 1901 North Fort Myer Drive Arlington, VA 22209 Voice: (703) 516-0035 Fax: (703) 516-0985 Website: www.umtweb.edu.

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Prepared by Coby Harmon University of California, Santa Barbara Westmont College

Prepared by Coby Harmon University of California, Santa Barbara Westmont College

Prepared by Coby Harmon University of California, Santa Barbara Westmont College. 5. Accounting for Merchandising Operations. Learning Objectives After studying this chapter, you should be able to: [1] Identify the differences between a service and merchandising companies.

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Chapter 5

Chapter 5

Chapter 5. Income Statement & Related Information. Income Statement. Revenues: inflows from major operations Expenses: outflows from major operations Gains & Losses: changes in equity from peripheral activities Non-recurring items

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