Accounting 10, 20, 30
Course Configurations
ACCT19
Module 19: Steps 4-8 of Accounting Cycle for Merchandising Business (Core)
Outcome
Implement steps 4-8 of the accounting cycle for a merchandising business.
Indicators
| (a) | Prove the accuracy of the general ledger for a merchandising business by preparing a trial balance. |
| (b) | Complete a worksheet by organizing and planning adjustments and sorting account balances into the correct financial statement columns to calculate the net income/loss. |
| (c) | Prepare a balance sheet, income statement and statement of owners' equity for a merchandising business. |
| (d) | Examine and discuss who reads financial statements and why they do. |
| (e) | Prepare the journal entries for adjusting and closing entries for the end of the accounting period in the general or synoptic/combination journal. |
| (f) | Post the adjusting and closing entries by transferring them from the journals to the general ledger to close the temporary accounts and prepare the business books for the next accounting period. |
| (g) | Prepare a post-closing trial balance to check the equality of the general ledger upon completion of the accounting cycle in a merchandising business. |
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R104103
Century 21 Accounting: Multicolumn Journal. Working Papers, Chapters 1-17(11th edition)
This is a non-reproducible student resource that has end-of-lesson, end of-chapter and reinforcement activities, as well as chapter study guides that complement the corresponding textbook chapters. It includes journals, ledgers, chart of accounts, banking forms, petty cash reports, bank reconciliations, worksheets, balance sheets, income statements and post-closing trial balance forms.
Media and Formats :
Book
Price :
$49.95 USD
Record posted/updated:
March 23, 2022
R103903
Century 21 Accounting: General Journal(11th ed.)
This student resource is divided into 24 chapters that have the following subsections: 21st Century Skills, Critical Thinking Activities, Think Like an Accounting, Financial Literacy, Global Awareness, Ethics in Action, Forensic Accounting, Careers in Accounting and Accounting in the Real World. This resource promotes problem solving, discussion and creative thinking while building knowledge of accounting practices. One of the main differences between this and other common textbooks for accounting is that it introduces journalizing through the use of a general journal, not a combination journal. Special journals are still used in the textbook. Overall, the textbook would be appropriate for all three course levels.
(More information)
Media and Formats :
Book
Price :
$164.95
Record posted/updated:
December 8, 2021
R037839
Century 21 Accounting Multicolumn Journal(10th ed.)
This textbook has the same content as the Century 21 Accounting Multicolumn Journal, Introductory Course, Chapters 1-17 (10th ed.) with two additional parts: Accounting for a Merchandizing Business Organized as a Corporation –Adjustments and Valuations; and Additional Accounting Procedures.
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Century 21 Accounting Multicolumn Journal. Instructor's Resource CD
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Century 21 Accounting Multicolumn Journal. Instructor's Resource Kit
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Century 21 Accounting. Multicolumn Journal, Introductory Course, Chapters 1-17
Media and Formats :
Book
Price :
Free
Record posted/updated:
December 7, 2021
R009355
Financial Accounting(Seventh Canadian Edition)
This resource consists of 10 chapters which contain a variety of information, assignments, activities, projects, ethical questions and business analyses that may be more suitable for accounting students. There are may project ideas located in the Stop + Think, Cooking the Books, and Spotlight on Businesses sections. There is an online component to this resource that offers tutorials, homework and assessment program.
Media and Formats :
Book
Price :
$189.99
Record posted/updated:
March 16, 2022