KEES % Vee RE BEDE BDA d Kado ERK EE ED CHNTEK 3 Basic Finacial “Ruzainkagh. Beating’ 4 The ACC our sg cycle tavolwer fen hypo b 4 ceorapld, the account pocetr, Envmeyate a A ceountilng Cycle Dering Vhe ae cunbilg | period Step \ Adlewh cteaho ag vent be be Recorded Fits tb ge other incornatn a bevt tranrachiay or Cveuy genera) ly Trough he sovrces focoywetr: Shey LZ T yore jms _are Recorded) ' tw _ the Journal Mim To record the economic im pact op tranractin~ on the firm in & jorha which m at pact lndechen Vewcper te The aqcounts a=anes Ste > Jownal “Enbies are Ported fo Yhe Ledger Mint 10 fyaby ar the itfarmeBon ia tne jairwal the ledger por chsripicioe, He end He noah pericd Thept Preparation og a Trial Balance Ain: To provide povide pti bo vehi ey Te Cg tality 6 op dobitr and credits inthe ee |> yo DATE sessnnnsnnneesneee NOs nunsnnentene Sep 5 repeats og fhe Worksheet incidlng bolus 7 hihier _ Brin? To aid the prepabahion op fi naw etal prteweuty Shep b Treparation of the Fimndal Suehementy Ait: Ta prvide ypeprl Thyormation +6 decis\on- Male ke Srep + Adwting Janval Cnbige ctte Jownalized cid Por: Kite: Te yecend the aceevaly, eupirstion ep depetrals, erinatour and other events prom Wee bork sleet. SYepd. Cosine Journal Cpe are F owal ned and Pted him le clove -Lenpoary accouptp ancl Avane per ppl owhele es expvity. Shep [reparation op 4 Porto Clacing trial Palance iM To _cheol& copa ty debit awl obed por ape {he clerthy entrits eee al = “tk we start ap the wet pe od “Fee |b Reverpihy Jourhal Enter ane Journal izeot 5 and Parted ' gmt 12 Dhpl py the reconching Of Cer 10 relay Ur eic aetiont tke hext a fuountiea yeriea — Fes PANAAAAAFAOAHHPPPHHAAHHAAAHHARAIIO|DDATE be) ae hat are the ¢ sou DAFIC. pe that > bod Bo pubeved. aHaiy 0 sbvetored aval cevdyyr ep Drnsacheu2— basic Pheer: fe a Teauraction Seely ris Chee I) — fle The | analyrir 2 trenrectons chel pollo * bere bow 1, Lhenk, the tren sachian prom row co Soto nenees Dacbtecte M2 acconhs —ettber assets, liabrlitvey, "gh incor ot eypru ser — a pfethed by the trawachion. = 4. bopgvrtein whether each acest | jx inerpared gt T> f creased py Yoe travracti[on, TS 4. Uh We ples Of desit anol credit del ine Tr “Ohetter 4h debit «credit the accom bbs record ids increase o¢ dechree. - _ 3) Soowal cntrien 20 “hired on dlocomeate eu dew epg te “CC ov ence Of 4 tranpg Cfion. Give at heap {ie cxample of There rouvee dochneuld ~ Mop ple ep Srure olocum enke? Palos involct, ¢ 4th peg ister hse epicial receipe. 7 haw Ik deport; p. anal ban le SS SuiteDATE cesses NO, 4 Shale foe pubes et tip dirhle “ewhy Systet. at Pook phe wher ep davble eudry epee Gibb. obseyved jh each dransracHion? 1. Co or mory 4 ccelnht are appected by each drmea col. a The sum of The debity pot_ever trong chon: equal she pv of [Hue eredit. a \he_ eg vality op thy 6 ccoMbhing 24 vot iS glways “agin tal bed. S whit nvahr LHe po andl grodit Means docreye, {, Jair _plotetn et always Truc Explain. ~ thir pele paced” i alwaye twe fer the Caro of XW aud ek Penpes aul hole when jd e comer to liabilities and_ctinep'r equity they r (peue therearr ih the credit ide and dectoarea.g “jn he debit si Wha thug Lh for mahion Combate d inthe ee oureal 7 Dis curr pau brie gly. TIFAPAAVTAPARHPFBRHRRRAAAAS aaa “Fhe hada cle op Te_guntml orl are PEE TPB DDfp pspeep yeeg SIF Sd} waded: vedi | we wi 5 la lei bi a bike lid DATE sicecseeressseneeest NOL soe ‘ 1. Date. The year “aud mouth are not ‘Wetthsen pal every eutvy yale te year op month clawed 2r abel : p92 te neoded. to A ccomme THe gud Cxeh nahn, The a coon? b be Woe whike the a cepuut # be evedited fy entered Slightly tucluiled om try bert Viner A brie dereriph’on Lop the tewrene tion LP vovally mate ai, tre Ihe be low Hh Cred. Generally ki 6 toe | Apher voch vutyy PR. [pscding reperrence). Thin willbe wed when the entien are posted, thet in unt) the qmounte are treo petred te thy re lated led coon The. porhig process vill be chereribed later €. Debit. Th, cledit amwnt por cach accomb i entered inthis Column. | 5, Credit. Lhe credit amount por each acepunt in entened ih Dis columy, PV bat tx _compovnd journal entry? | © debity) in entered a¥ tip ethene lept op the pita | = Samy frenrations Freq pire the ve of bore thar twe accounbe- Whew three ar more accounitr Sut,DATE oa. ~~ Seer gvined ix a youn Lente, 1 Referred fa ap a compoind 2 rbey, -_i 2) Duca ihe al ep a darh ap accoode, os F\ Dis cups the fears of 4 char a cgouwtr, ‘ f The feat © , = 4 hy ep all thy Account Gol Fheir_acoound- =~ chumbpe nthe edger ir buon 0 th chayt Ge -- accoontr, The chart is_ove aged: in The Mandal —— <1 Shitement onder, blab ty adot irr, gollored buy talline Gunver|y equity theame mel we potucee Ss The a couabr * oo =i hubevedt ih af lex ble wenre dh pera Thole i and chop. ~ © VE fered hg. The orm! balanee 6 asnetn, Withdravale apd) experren js dvbit, Whihe lad ae \iabs [bre jovwer eq Viby aud jhcwe W credit. Why te thy we? = Lhe wormal balance ol there -echoute avewhoyy trey increse, | he worma | balance a an by > we thelr Lede , anol expenre js debidy + ieretove, ny « nereve OW the-dubit rice» On Hoe orb ber hauel che bye owner eqeity anol Cheong t horn | bale in Chedrh ee Nig ebich meaner they ihithees On Ye brelit ATole, 9 cs Di Pererihe Pe vt op poring. lat dizgtculbier coul). & pire ip ho cures Tadeo iy oars between Hoe Getesal fe Aigo i e ldger etme, r n PREP PEPPY /i ; r 1 { J | Bese \ QD ST aS 88 Gas 4 + te the _s\ppropriche ccc oyude ih fre “journal one porked ar cebitn ih the ledger, an (38 (Hi is te is tok ~ Perbinyreans Hoirperring the tps aed eel er Dobitn inthe ed d credit _ sleps Lin The journal ap cvedity in Me |edyar. Tye. av eillurtated an po Howe 2 “i Transper the clate Oe. the tanpaction prom the joureal te the \edger a T +h “tnumbe zene per The pete um Der 1 Wn, journal reppevenc (J.R.) Colvin og the bool, eb, Perr tre cbebit pigure pron the journal ap adebit cigive in the legler and the eredit [igere pyen bhp jo vrral asa credib pigere. in the Le Ager. ¢. Enter the accomt winber jh fie porting ee Lpereney col n_¢ re joven | phoe Fhe" pig ure lar heen parted {7 fy ledger. He jour to the Wwe will Aruggl-e de idenkey the lecehvn phe be \. ave _perh hg trey achionn Ip crane thdexern dec yok eh Troilt b digficolt im inclex and closrn lexithle manner ty repcercuce (onal eohrier in Phele Ts no oecenh nurber_relabing W eq Un ar thin vill iol icate: where the trangaction vill pet fa edger. Vowever, hl doer {+ iv lof be hard alro “ho determine whic hyager “Ih the general j2urne| the mms_pored fue tanrachon sibee the Kepperence Ea cter Pa oral gage ool YS gga fis DATE ssussnnesnnenesee NOS om le WVvanhe chin Tagine aL Teak ett |) a | Nia balance Ha lick choi al waauel lla. | s the vhyval yornal and Tie toll debi by oud 3 a sotal che dd inven ch accounts Dothis statement | ve? Why on &thy wh? | No, pecause tn Ye trig balgnee Ve only record The. ‘4 = tole | norma) “balanuer op each a coo unt Hither rotthe ‘oe otal chebitr aval wedi: « «- Wy Cite some errors Vhakwill awe tho debide F aud credits og the Tntal baladice wot to balance, © : - — phe oF He columns ag The vial balance War =i qecortecHy added, *| =| = Phe _qmoont of ai accoupt balance war incomrecth =| ecorded on Yhe tefl bol ance. = ™ = kdebt balance Was recerded on Vhe Fetal balance ve a ar «Credit ov Vite yexra, Or a balance war embite! ey Keely. mF 1" 3, Cite Some occurence which despite Th presence oe _evrore, will phil make pre oleh canal check Tcalunne of He trial belace gud. ae % 7 TA TA %os ” ~Neote Hat’ even when atrial balance is ih balance Me account jreceywoly may ct)i Cotta it evn, A balanced trial balance Simp |y prover Hat, as ecole , debitr equal cved tir, The pollouing €rehn oye hot detectool Thy drial bq lance! + Fajlue to ®e cord or port « va asrachen. eed He rene tuawgction more thar 04 » (Recording av entry Wutwith the tame errdnce vr 4 debit qu dA cevdit ava cute. ‘Foy Fing 4 pact ep a bra srach'on corvectly ara debtor 2 evedit hut Ye Me wrong account: FA) You found out thet fhe tote! oy Phe debt cali, op Yue \rial balance ir P 00,000 whilte +be dotal oprhe cveditr colomn is 710,000. Vat arerome osrible caver op this diggevency? tp the Al fpehoh ce between the collmne iv divine bg 4, what typo ep Chyoyr av pezibble? _ a py. - Sone possible caure og the Ai pperence ate Vie pes — one 6g Hhe colvmnn oft the tre! he lance was inconeelly added SS a + the auaynt 6h Gm account balance ber Ncomectly _ercarded on Yhe tia) balance . Sos,we NO. see DATE a “ KatcbiP Galévce war poconted m, Ue prtal “balance ara Cyeditar vice Vewa, or 4 balance var enbithed thhre ly. i ‘ 1s. the « coo ur tant irda leeuly \ e coved 4 ‘psob purer. oo “ppl ar on Account aq P5000 _purolare . Ue de brted Supplier auc _cred\Yreq] « hecouls Payable por * 6016, Dow th puro h Care Hee, trial balaxde Jo be ovk op balance? Exp lagi alge = The ewer would wot aggrct the ital _bo by be cvtop balance un hes, he accoulhau peer ; Aisperent aout ¥ each Coluny, HoreMen, even “ic ve trtal balance iv balanced the tote tc mout ts hot accvtate, How wold balence sheet accubde be age cotta an expunre Var ebrobeoury pecaoled cov P121006.7 [e+ t pre, 606 yather Hyan ~The grout quref rhovld be deweagreo by . goo becare +e experrer_anbuht jh creased b r , : 76,000, Outhe aHarhard we Can Say Hk Ye peu cov be lrebi Tidy 4 po Pe Nebr Theol ineveare by Te, 608. Songs TRA AA MMMAMAMIMAIAIPMATARAKHHITEH TTS