GS 803 Video: Financial Statement Analysis
American College
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2-1 Define the objective of financial reporting, the elements of the balance sheet, and the related key accounting assumptions and principles.
5 minutes
Posted Jan 13, 2014 at 5:53 pm.
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2-3 Apply transaction analysis to simple business transactions in terms of the accounting model: Assets = Liabilities + Stockholders' Equity.
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2-4 Determine the impact of business transactions on the balance sheet using two basic tools, journal entries and T-accounts.
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