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learned words in slang

*work in progress - commitment - annual report

3.3

industry

borrow

moderate

creditworthiness

debt ratio

hard

financial

public

hire

indicate

turnover

cash flow statement

payable

current

investor

- Lending

- Investor.

- financial structure.

- overstate.

- liquidate.

- Payable.

- Debt leverage.

- Invest.

- Appreciation.

- Preferred.

- Fixed.

- Return

- Operating.

- Competition.

- Solution.

- Company.

1.It consists of making a double entry, one in an account where the amount enters and another in which it leaves.

2.-cash receipt

-proof of payment

-proof of return

-appropriations

-bills of exchange

-purchase invoice, among others

3.asset

liabilities

equity

income

expenses

cost

1. What is double entry bookkeeping?

R/ Double-entry accounting is a bookkeeping method that keeps a company's accounts balanced, showing a true financial picture of the company's finances. This method relies on the use of the accounting equation Assets = Liabilities + Equity.

 

2. What kinds of financial statements are there? They are check, journal, balance sheet, cash flow, equity, Income Statements.

 

3. What types of accounts are there?

R/ They are asset, liability,equity, income, expenses.

1. What is double entry bookkeeping?

- is an accounting method in which a transaction is simultaneously recorded in two or more accounts. A credit is applied to at least one account, while a debit is applied to at least one other account.

 

2.What kinds of financial statements are there?

- Balance sheet

-cash flows

-equity

-income statemen

 

3. What types of accounts are there?

-Assets

-Expenses

-Liabilities

-Equity

-Revenue (or income)

1. The double-entry accounting method is based on the use of the accounting equation: Assets = Liabilities + Equity.

2. They are the supports where the respective accounting processes are carried out, such as: Cash receipt,

appropriations,

purchase invoice, among others.

3. The types of accounts in accounting are: assets, liabilities, equity, expenses, income and costs.

1.Is normally used in accounting, creating a acount credit and acount debit.

 

2.Are the statement where are reported an financila activity of one company.

 

3. The types of accounts are:

asset, liability, expense, equity

 

 

Maria Luisa Fernanda Guzman Barreto

1.is called a double entry, it consists of making a double entry, one in an account where the amount enters (the debit) and another in which it leaves (the credit).

2. Financial documents are those that demonstrate an economic and financial transaction of a company, such as cash receipts, proof of expenditure, checks, consignment, etc.

3. Accounting accounts are divided into five groups; 1. assets, 2. liabilities, 3. equity, 4.income, and 5. expenses.

1. I am not very familiar with this concept. All I know is that it has to be balanced at the end of a certain period of time.

2. I am not too familiar with this, but I think it can be periodical.

3. There are assets, liabilities and equity.

Financial Accounting 1