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Adjusting entry creation, posting adjusting entries to a worksheet, creating financial statements from the trial balance

Closing processes including three formats of the closing process helping us better understand accounting concepts

Subsidiary ledgers for accounts receivable & accounts payable. Special Journals - Sales journal, purchases journal

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Internal controls, bank reconciliations, and internal controls related to checking account

Accounts receivable valuation, allowance method, direct write off method, valuation of notes receivable, internist calc

Depreciation calculation, straight line method, double declining method, units of production method and disposal assets

Payroll calculations - federal income tax, social security, Medicare - Payroll journal entries posted to ledger accounts

Use the direct method and indirect method to construct the financial statement explaining how to use accounting workeet

Process costing system-managerial accounting or cost accounting including equivalent unit calculation & journal entries

Common managerial accounting decisions analyzed using relevant cost methods that can apply to all large decisions

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