Accounting equation worksheet pdf
[DOC File]COST SHEET - FORMAT
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Feb 02, 2008 · Direct expense: this is a strange cost that many texts don't include; but (International Accounting Standard) IAS 2, for example, includes it. Direct expenses can include the costs of special designs for one batch, or run, of a particular set of tables and/or chairs, the cost of buying or hiring special machinery to make a limited edition of a ...
[DOCX File]Indian School, Al Wadi Al Kabir
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ACCOUNTING EQUATION. 1)What is accounting equation? Explain its importance. 2) Show that the accounting equation is satisfied after taking into consideration each of the following transactions in the books of Mr. N . a)Started business with capital Rs. 1,00,000 . b)Bought furniture Rs. 25,000 . c)Bought goods for cash Rs. 20,000
[DOC File]SUMMARY OF ACCOUNTING BASICS - Washburn University
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1. Accounting Equation: Assets = Liabilities + Owner’s Equity. 2. T Account: Account Title. Left Side. debit Right Side. credit 3. Rules of Debit and Credit: Balance Sheet Accounts ASSETS. Asset Accounts LIABILITIES. Liability Accounts Debit. for. increases Credit. for. decreases Debit. for. decreases Credit . for . increases OWNER’S EQUITY
[DOC File]To,
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The nature of accounting. Purpose and objectives of keeping books of accounts. Double Entry book keeping its system & advantages. Generally accepted accounting principles. Basic elements of financial posting of Assets, Liabilities, Capital, accounts payable and accounts receivable merchandise revenue , expenses. Accounting Equation
[DOCX File]Basics of Accounting
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Students will be introduced to manual accounting procedures to provide an understanding of the accounting concepts, principles and processes used to complete the steps in the accounting cycle for a service business. These manual accounting procedures are used in a computerized accounting environment on an ongoing basis using Microsoft Excel.
[DOC File]Simple and Compound Interest Worksheet
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A person wants to know what the future cost of items will be, only accounting for inflation. (ex) The inflation rate in 1990 was about 6%. (NOTE** The only problem with inflation is that the rate fluxuates from year to year, so you must realize this is an ESTIMATE.) You just use the compound interest formula. A = P(1 + r/m)mt A= P(1 + r)t
[DOC File]Curriculum
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Learners complete worksheet on the Ledger accounts. Learners complete activities and show the effect on accounting equation. Textbook. Case studies-Chalkboard-Worksheet (ledger accounts) Observation of written work. Homework and class-work. Peer assessment and self-assessment. Class-test
[DOCX File]Basics of Accounting
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Accounting is the language of business. Accounting education prepares individuals to meet personal needs, to provide them with an awareness of a wide variety of accounting and technology careers and to lay the foundation for continued study and lifelong learning.
[DOC File]Teacher Guide & Answers
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5. a. A word equation can be very long. b. A chemical equation indicates the number of atoms contained in each molecule. 6. They indicate the number of atoms of a particular element that are in a particular molecule. 7. The law of conservation of mass explains that. the …
[DOCX File]Basics of Accounting - Accounting Principle 30S
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Students will be introduced to manual accounting procedures to provide an understanding of the accounting concepts, principles and processes used to complete the steps in the accounting cycle for a service business. These manual accounting procedures are used in a computerized accounting environment on an ongoing basis using Microsoft Excel.
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