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Ch. 2 - Transaction AnalysisWorksheetSee all chapters
All Chapters
Ch. 1 - Introduction to Accounting
Ch. 2 - Transaction Analysis
Ch. 3 - Accrual Accounting Concepts
Ch. 4 - Merchandising Operations
Ch. 5 - Inventory
Ch. 6 - Internal Controls and Reporting Cash
Ch. 7 - Receivables and Investments
Ch. 8 - Long Lived Assets
Ch. 9 - Current Liabilities
Ch. 10 - Time Value of Money
Ch. 11 - Long Term Liabilities
Ch. 12 - Stockholders' Equity
Ch. 13 - Statement of Cash Flows
Ch. 14 - Financial Statement Analysis
Ch. 15 - GAAP vs IFRS
Sections
Journal Entries: Debits and Credits
Accounting Flow Intuition: BASE Formula
Journal Entries: Business Formation Example
Trial Balance
Classified Balance Sheet Components
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Next SectionClassified Balance Sheet Components
A T-Account helps us find the final balance in an account after making our journal entries. A trial balance shows us the final balance in all of our accounts.

Concept #1: Using T-Accounts

Concept #2: Constructing a Trial Balance

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