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Unit 3 notes - completed.notebook 1 March 05, 2015

Unit 3 notes - completed.notebook March 05, 2015...Unit 3 notes - completed.notebook 7 March 05, 2015 Ledger - A group of accounts Trial Balance- proves the mathematical accuracy of

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Page 1: Unit 3 notes - completed.notebook March 05, 2015...Unit 3 notes - completed.notebook 7 March 05, 2015 Ledger - A group of accounts Trial Balance- proves the mathematical accuracy of

Unit 3 notes - completed.notebook

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March 05, 2015

Page 2: Unit 3 notes - completed.notebook March 05, 2015...Unit 3 notes - completed.notebook 7 March 05, 2015 Ledger - A group of accounts Trial Balance- proves the mathematical accuracy of

Unit 3 notes - completed.notebook

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March 05, 2015

Double Entry Accounting-requires a debit amount equal to a credit amount for each transaction

Page 3: Unit 3 notes - completed.notebook March 05, 2015...Unit 3 notes - completed.notebook 7 March 05, 2015 Ledger - A group of accounts Trial Balance- proves the mathematical accuracy of

Unit 3 notes - completed.notebook

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March 05, 2015

Page 4: Unit 3 notes - completed.notebook March 05, 2015...Unit 3 notes - completed.notebook 7 March 05, 2015 Ledger - A group of accounts Trial Balance- proves the mathematical accuracy of

Unit 3 notes - completed.notebook

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March 05, 2015

Page 5: Unit 3 notes - completed.notebook March 05, 2015...Unit 3 notes - completed.notebook 7 March 05, 2015 Ledger - A group of accounts Trial Balance- proves the mathematical accuracy of

Unit 3 notes - completed.notebook

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March 05, 2015

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March 05, 2015

Ledger - A group of accounts

Trial Balance- proves the mathematical accuracy of the ledger. It does not indicate that transactions were all correctly recorded as debits and credits.

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March 05, 2015

Page 9: Unit 3 notes - completed.notebook March 05, 2015...Unit 3 notes - completed.notebook 7 March 05, 2015 Ledger - A group of accounts Trial Balance- proves the mathematical accuracy of

Unit 3 notes - completed.notebook

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March 05, 2015