Analyzing Business Transactions using T Accounts Public

Analyzing Business Transactions using T Accounts

The badge recipient developed the ability and knowledge to utilize T-accounts for basic accounting such as using t-accounts for revenue, expenses and liability.

[Quiz] Earners of this badge were tested on their knowledge of the objectives listed below (3-1 to 3-7) 
3-1 Set up T account for assets, liabilities, and owner’s equity.
3-2 Analyze business transaction and enter them in the accounts.
3-3 Determine the balance of an account.
3-4 Set up T accounts for revenue and expenses.
3-5 Prepare a trial balance from T accounts.
3-6 Prepare an income statement, a statement of owner’s equity, and a balance sheet.
3-7 Develop a chart of accounts.   

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-Bookkeeping

The 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/CAPP

For 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/