Accounting Cycle Step 2: Journalize Transactions

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The 2nd step in the accounting cycle is journalizing transactions. This means recording accounts and amounts in a journal entry with debits and credits.
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  2. ProfAlldredge
  3. Financial Accounting
  4. Accountancy (Field of Study)
  5. Principles of Accounting
  6. Accounting Cycle
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Комментарии
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I learned more from you in 5 minutes than from my professor in 5 weeks. Thank you!

erickm
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There’s a mistake on the slide for example #3, at the top of the page at #1 Analyze Transaction. What the professor says is correct, what is written here is incorrect. The journal entry is correct though. Professor Alldredge is a fantastic instructor, he makes this so clear.

dabillman
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For the example number 3, Paano naging credit ang cash????

cecillee
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Im curious if the description would ever be on the next line after the credit, followed by the next transaction debit? Instead of having the spaces between each transaction and description.

The-narrow-gate
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Really the way of teaching is affective.Appteciated

AshrafKhan-sivg
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Will the debit and credit always be increasing? Since there are no negatives in accounting?

Nigarj