Main Content
Table of Contents
Lesson 1: Introduction to Accounting and Business
- Lesson 1 Introduction
- Business Stakeholder
- Financial and Managerial Accounting
- Business Entity
- Three Types of Business Organizations
- Generally Accepted Accounting Principles (GAAP)
- The Basic Accounting Equation
- Essential Concepts
- Assets
- Liabilities
- Stockholders Equity
- Cash Basis and Accrual Basis of Accounting
- Accounting Transactions and their Effects on Business
- Financial Statements
- The Income Statement
- Statement of Retained Earnings
- Balance Sheet
- Practice Problems