Accounting

Accounting Basics

• Basic Accounting Concepts
• Assets, Liabilities, and Equity
• Basic Journal Entries
• Normal Balances

The Business World

• Business Structures
• Standard-setting Organizations
• Internal Control

Statements and Ratios

• Classified Balance Sheet
• Current Ratio
• Debt Ratio
• Return on Assets

Adjusting and Closing

• Cash Basis and Accrual Basis
• The Closing Process

Assets

• Property, Plant, and Equipment
• Depreciation
• The Basics of Receivables
• A Closer Look at Receivables
• Notes Receivable
• Checks and Petty Cash

Merchandising

• Merchandising Journal Entries