Zusammenfassung der Ressource
Chapter 6 + 7 mind map
- Steps in accounting cycle
- Posting
- Trial Balance
- Journalizing
- Source Document
- Cash sales slip
- A sale of goods or services for cash
- Bank Debited - Sales or Revenue Credited
- Invoice
- Sales invoice
- A sale of goods or services on account
- A/R Debited - Sales or Revenue Credited
- Purchase invoice
- A purchase of goods or services on account
- Expense Debited - A/P Credited
- Asset Debited - Bank Credited
- Cash receipts daily summary
- the cheques received from
customers on account
- Bank Debited - A/R Credited
- Bank advice
- Bank debit advice
- Bank account decrease
- Interest Expense or other Debited -
Bank Credited
- Bank credit advice
- Bank account increase.
- Bank Debited - Interest
Expense or other Credited
- Cheque
- Paying an account payable
- Liability Debited -Bank Credited
- Cash purchase of an asset
- Asset Debited - Bank Credited
- Cash payment for an expense
- Expense Debited - Bank Credited
- Owner draws out money for personal use
- Drawing Debited - Bank Credited
- HST
- test