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College Council Meeting - August 27, 2020
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In this video, I will solve problem 13 in chapter 13.
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BUDGETARY VS. PROPRIETARY JOURNAL ENTRIES
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projected benefit obligation calculations with service costs, interest costs, less retiree benefits paid.
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return on investment vs. economic value added measures
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STOCKHOLDERS' EQUITY SECTION BREAKDOWN BY TYPE OF STOCK, PAR VALUE, AND AVERAGE BOOK VALUE
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bank reconciliation process
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recording sales and cost of goods sold, analyzing inventory shrinkage and recording such, comparing profitability numbers with national average
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accounting for inventory shrinkage
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adjusted trial balance to formation of all financial statements
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JOURNAL ENTRIES, ADJUSTING ENTRIES
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recording transactions of a new business
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review of accounting equation and solving for retained earnings.
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