Analyzing Business Transactions
The badge recipient developed ability and knowledge to record and analyze financial effects of business transactions to include firm assets, liability and equity.
[Quiz] Earners of this badge were tested on their knowledge of the objectives listed below (2-1 to 2-5)
2-1 Record in equation form the financial effects of a
business transaction.
2-2 Define, identify, and understand the relationship
between asset, liability, and owner’s equity accounts.
2-3 Analyze the effects of business transactions on a firm’s
assets, liabilities, and owner’s equity and record these effects in accounting
equation form.
2-4 Prepare an income statement
2-5 Prepare a statement of owner’s equity and balance sheet.
Earners of this badge are students enrolled in a basic accounting and bookkeeping course offered by Community Action Partnership of Providence (CAPP). This badge is part of a group of badges that can be found here:
http://www.badgelist.com/CAPP-Accounting-BookkeepingThe administrative account that grants this badge is owned and operated by Community Action Partnership of Providence (CAPP). Other CAPP badges can be found here:
http://www.badgelist.com/u/CAPPFor more information about this class or one of the many other services and programs offered by CAPP to Providence residents please visit
http://www.cappri.org/
Community Action Partnership of Providence
518 Hartford Avenue | Providence, Rhode Island 02909
Tel. 401.273.2000 | Fax. 401.228.3078 |
http://www.cappri.org/