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Accounting Book keeping

Accounting

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Page 1: Accounting

AccountingBook keeping

Page 2: Accounting

What is Book keeping? Bookkeeping in the context of a

business is to record financial transactions. Transactions include purchases, sales, receipts and payments by an individual or organization

Page 3: Accounting

Bookkeeping is not the same as

accounting!

Page 4: Accounting

Account Payable accounts Deceivable accounts

Balance Budget Earnings Cash flow Income Tax


Chapter 1-1 Financial Accounting and Accounting Standards Financial Accounting and Accounting Standards Chapter 1 Intermediate Accounting, 12 th Edition

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