Intro to Financial Accounting: Recording Transactions and Financial Statements HD

Introduction to Financial Accounting Professor Alexander Sannella Lecture 5 Learning Objective 2 0:12 Equity Account Relationships Questions and Explanations 2:59 Question 1 5:33 Question 2 7:24 Question 3 10:23 How to Record Transactions 16:13 Flow of Accounting Data 17:15 How to record a journal entry (full example) 20:42 Using T-Accounts Questions and Explanations 34:04 Question 1 37:11 Question 2 39:59 Question 3 Learning Objective 4 43:07 Trial Balance 47:24 Example of a Trial Balance 48:48 Preparing Financial Statements 49:24 Income Statement 54:43 Statement of Retained Earnings 55:13 Balance Sheet 1:01:13 Formal Recording Devices 1:02:01 T-Accounts 4-Colunm Accounts 1:05:03 Articulation (Financial Statements tie together) 1:05:58 Accounting Cycle Questions and Explanations 1:06:35 Question 1 1:09:28 Question 2 To receive additional updates regarding our library please subscribe to our mailing list using the following link: http://rbx.business.rutgers.edu/subscribe.html