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  SDS Accounting Module 1: The Basics
 
 
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Format: DVD
Run Time: 26 minutes
Grade Level: 10+
ISBN: 1-59626-093-9
UPC: 631865016440

Availability: Available
Product Code: 001071644


Description Academic Team
 
The Standard Deviants introduce you to the basics of accounting, including GAAP - the generally accepted accounting principles. You'll learn about owners? equity, the three types of business organizations, the five types of accounts, and three types of financial statements.
 
Topics Covered
  • GAAP
  • 3 types of business organizations
  • Asset account
  • Liability account
  • Owner?s account
  • Revenue account
  • Expense account
  • Income statement
  • Statement of changes in owner?s equity
  • Balance sheet
  • Basic accounting equation
  • Internal vs. external transactions

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