FORUM: Reflection of this topic (Lecture 1 - 7)

Lesson 1-7

Lesson 1-7

by OmorFaruk Shourov(193-35-482) -
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  • Definition of Accounting
  • Three activities
  • Who uses accounting data
  • Ethics
  • GAAP
  • Measurement principles
  • Assumptions
  • Assets
  • Liabilities
  • Owner’s equity
  • Accounting transactions
  • Transaction analysis
  • Summary of transactions
  • Income statement
  • Owner’s equity statement
  • Balance sheet