Lecture Financial Accounting (15/e) - Chapter 3: The accounting cycle - Capturing economic events

Lecture Financial Accounting (15/e) - Chapter 3: The accounting cycle - Capturing economic events. In this chapter, students will be able to understand: Identify the steps in the accounting cycle and discuss the role of accounting records in an organization, describe a ledger account and a ledger, understand how balance sheet accounts are increased or decreased, explain the double-entry system of accounting,...