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Recording tracsaction and the financial statements, Link Title - Coggle…
Recording tracsaction and the financial statements
documentation flow
ledge account
receivable
payble
sales
cash
data sources
trial balance
financial statement
book of prime entry
cash book
payment
recept
petty cash book
purchese day book
journal
sales day book
sold on dredit sales
sold on credit sales
the T - Account
B/f and C/f are often used between years
B/d and C/d are often used between months
errors in accounting
error of principle
error of commission
error of omission
error of original entry
error of transposition
consists of the following
statement of financial position
statement of cash flow
statement of financial performance
statement of owner's equity
Link Title