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Accounting courses: Introductory video. The video content was developed by Dr. Nazik Roufaiel and designed by SUNY Empire Online Multimedia Designer.
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How do we create journal entries for collecting payments due a company or paying obligations? What is the general process for creating a journal entry?
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How do we create journal entries for the sales of goods or services? How do these sales often lead to compound journal entries?
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What financial statements are required for publicly traded companies? What goes into the notes for the financial statements? What is the difference between real accounts and nominal accounts? How…
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How do we account for unearned revenue?
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How do we account for prepaid expenses?
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Why do we need adjusting entries? How do we account for unrecorded receivables and liabilities?
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What is the general journal? How do we make journal entries for transactions that increase a company's assets?
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What is the accounting equation? How does that lead to double entry accounting? What are debits and credits? How does the accounting equation extend to double entry accounting?
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What is the statement of cash flows? What information is provided? What are the three different types of transactions displayed on this financial statement?
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We define the income statement, describe the purpose of the income statement, and determine what information is included in the income statement.
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We define the balance sheet, stating its purpose. We explain what information is provided on the balance sheet.
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Julie Gedro EOP Orientation
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In this video, I will solve problem 16 in chapter 14.
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