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Preparation and Analysis of Financial Statements for Publication Purposes

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The Financial Statements

  • Percorso guidato
    Account Title Classification
    09:57

Adjusting Entries: Depreciation

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    Adjusting Journal Entries: Depreciation (First Year)
    08:50
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    Adjusting Journal Entries: Depreciation (Second Year)
    02:09

Adjusting Entries: Supplies

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    Adjusting Journal Entries: Supplies (Accrual Accounting Method)
    05:03
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    Adjusting Journal Entries: Supplies (Cash Basis to Accrual Method)
    02:41

Adjusting Entries: Unearned Revenue

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    Adjusting Journal Entries: Unearned Revenue (Accrual Accounting Method)
    05:51
  • Percorso guidato
    Adjusting Entries: Unearned Revenue (Cash Basis to Accrual Method)
    02:46

Adjusting Entries: Accrued Expenses

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    Adjusting Journal Entries: Accrued Expenses
    07:59

Adjusting Entries: Accrued Revenues

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    Adjusting Journal Entries: Accrued Revenues
    04:56

Journal Entries: Debits and Credits

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    Journal Entries: Debits and Credits
    02:35
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    Journal Entry
    04:24

Journal Entries: Business Formation Example

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    Journal Entries: Business Formation
    02:48
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    Journal Entries: Business Formation
    04:22
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    Journal Entries: Business Formation
    04:06

Trial Balance

  • Percorso guidato
    Constructing a Trial Balance
    06:06
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    Using T-Accounts
    06:43

Net Sales

  • Percorso guidato
    Net Sales:Sales Allowances
    06:39
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    Net Sales:Sales Returns
    05:04
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    Net Sales:Sales Discounts (Net Method)
    02:43

Cost of Goods Sold - Perpetual Inventory vs. Periodic Inventory

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    Cost of Goods Sold:Perpetual Inventory
    03:41
  • Percorso guidato
    Cost of Goods Sold:Periodic Inventory
    05:53

Periodic Inventory - FIFO, LIFO, and Average Cost

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    Periodic Inventory FIFO Method
    06:32
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    Periodic Inventory LIFO Method
    04:30
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    Periodic Inventory Average Cost Method
    06:23

Perpetual Inventory - FIFO, LIFO, and Average Cost

  • Percorso guidato
    Perpetual Inventory Average Cost
    10:12
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    Perpetual Inventory FIFO
    09:44
  • Percorso guidato
    Perpetual Inventory LIFO
    07:15

Financial Statement Effects of Inventory Costing Methods

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    Financial Statement Effects of Inventory Costing Methods:Rising Prices
    07:32
  • Percorso guidato
    Financial Statement Effects of Inventory Costing Methods:Falling Prices
    03:00

Retained Earnings

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    Retained Earnings and the BASE Formula
    04:45
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    Retained Earnings and the BASE Formula
    05:57

Depreciation: Straight Line

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    Straight Line Method Through Life of Asset
    05:42
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    Introduction to Depreciation
    11:55
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    Straight Line Depreciation
    06:30

Journal Entries for Bank Reconciliation

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    Bank Reconciliation Journal Entries
    05:12