May & June Journal Entries and Financial Statements
About the Lecture
The lecture May & June Journal Entries and Financial Statements by Clint Locke is from the course Archiv - Financial Accounting: Understanding the Big Picture. It contains the following chapters:
- Introduction
- Balance Sheet - May
- Statement of Cash Flows - May
- Balance Sheet - June
- Statement of Cash Flows - June
Included Quiz Questions
In the balance sheet...
- the amount of total assets equal the amount of total liabilities & equity.
- ... the amount of total assets never equal the amount of total liabilities & equity.
- ... the amount of total assets equal the amount of total liabilities.
- ... the amount of total assets, liabilities & equity are always the same.
Which statement belongs to the journal entries?
- The total of the debits must equal the total of the credits.
- The total of the debits is higher than the total of the credits.
- The total of the credits is higher than the total of the debits.
- The total of the debits can equal the total of the credits.
Author of lecture May & June Journal Entries and Financial Statements
Clint Locke
Customer reviews
5,0 of 5 stars
| 5 Stars |
|
5 |
| 4 Stars |
|
0 |
| 3 Stars |
|
0 |
| 2 Stars |
|
0 |
| 1 Star |
|
0 |
