Accounting notes for university students mainly 1st year
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Course
Introduction to Accounting
Institution
The University Of Bradford (UoB)
This document contains notes from the lecture from one of the lectures of the semester. It is clear to understand and will help build your knowledge of accounting.
Week 17 – accounting module
Book keeping principles
Financial accounting:
Input Processing Output
Financial statements
The accountant will record economic transactions in the journal.
Then they will summarise these in the ledger.
And then the accountant gets the balances at the end of the year or
the end of the accounting period and transfer these balances to
something called trial balance.
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