- Thursday, May 28, 2009, 5:14
- Financial Accounting
- 2,408 views
Accounting cycle is a sequence of accounting procedures which are used to record, classify and summarize accounting information.
The accounting cycle begins with the initial recording of business transactions and concludes with the preparation of formal financial statements summarizing the effect of these transactions upon the assets, liabilities and owner’s equity of the business.
The term “cycle” indicates that these procedures must be repeated continuously to enable ...
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- Tuesday, May 12, 2009, 9:00
- Accounting
- 1,722 views
This accounting video tutorial gives detail overview of accounting equation.
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- Tuesday, May 12, 2009, 8:53
- Accounting
- 457 views
Thia accounting video tutorials elaborate the concept of stockholder equity or owner equity. Detail lecture on owner equity account in accounting and their usage in financial statement.
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- Tuesday, May 12, 2009, 7:35
- Accounting
- 391 views
Excellent video tutorials discussing history of account, watch this tutorial to get know about the orgins of accounting.
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- Saturday, January 3, 2009, 4:02
- Finance
- 2,541 views
It is the measurement,communicating and interpreting financial activity. Accounting is also widely referred as a "language of business". There are five type of accounts in accounting are assets,liabilities,owner equity(Capital),expense and revenues. These accounts are the pillars of accounting all the debit and credit transaction are performed on these accounts.
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