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Accounting Basics: Lesson 2 - Preparing the Financial Statements - part 1

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Uploaded on Jan 2, 2012

Lesson two covers step-by-step, how to prepare the basic financial statements (income statement, balance sheet, and retained earnings statement) for a service company. The five major types of accounts are reviewed and the particular financial statement on which each type of account appears.

Blank Handout - https://drive.google.com/file/d/0B4R_...

Example Handout - https://drive.google.com/file/d/0B4R_...

Transcript - https://drive.google.com/file/d/0B4R_...

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