ACCT/504 ACCT504 ACCT 504 WEEK 2 DISCUSSION
- Devry University / ACCT 504
- 10 Mar 2018
- Price: $7
- Other / Other
ACCT 504 WEEK 2 DISCUSSION
Week 2 Discussion
Week 2: Accounting Equation, Accounting Cycle, and
Accrual Accounting
In this area, we will discuss the
significance of the accounting equation, the rules of debit and credit, and the
steps in the accounting cycle. We will talk about recording of transactions,
normal balances, and the creation of the trial balance.
Let's begin by asking this question:
What is the role of the accounting equation in the analysis of business
transactions?
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