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How Do You Create Financial Statements with No Adjusting Entries FOR BEGINNERS
>> YOUR LINK HERE: ___ http://youtube.com/watch?v=GLl_fwRBO1g
In this video, we use five key transactions—stock issuance, revenue generated, expenses incurred, equipment purchased, and a dividend payment—to walk through the entire accounting process. We will: • Post transactions into T-Accounts • Create an unadjusted trial balance • Prepare a single-step income statement • Prepare a statement of retained earnings • Close out temporary accounts to retained earnings • Prepare a post-closing trial balance • Prepare an unclassified balance sheet • Referenced video: • • How Do You Learn Accounting Basics? A... • #greenscreen #investing #education #finance #accounting
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