The Accounting Cycle A Debit and Credit Approach

Return to Quick Notes Financial Accounting for Parts3 to 8      Updated 3/14/17   

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Understanding Debits and Credits        

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3 to 5 minutes Video Lectures

Part I Accounting Basics
1-Where did Accounting Come From?
2-Accounting Equation
5-Stockholders Equity
6-Expanded Accounting Equation
7-Financial Statements
Part II Accounting Transactions
1-Resources, Events, & Agents
2-Accounting Cycle
3-Asset & SHE Dr & Cr
4-Liabilities Dr & Cr
5-Revenue Dr & Cr
6-Expenses DR & Cr
7- Journal Entries 1
8- Journal Entries 2
9-Asset Anatomy
Part III Measuring Business Income
1-Accounting Cycle
2-Adjusting Journal Entrees Assets & Expenses
3-Adjusting JE Liabilities&Revenue
4-Adjusting JE Accruals
5-Adjusted Trial Balance & Financial Statements
6-Adjusted TB & Closing Journal Entries
7-Closing Journal Entries
8-T Anatomy and Cash
Overview of Accounting Cycle   No Practice Set or Questions


Accounting Principles  
No Practice Set or Questions



1 The Accounting Equation

  PS 1 

QQ 1

PS 1

QQ 1

2 Recording  Transactions

  PS 2    


PS 2

QQ 2A Solutions 
QQ 2B Solutions 


3 Cash Versus Accrual Accounting

No Practice Set or Quick Questions

4 Adjustments, Worksheet, Statements

PS 4

QQ 4

PS 4Solutions

QQ 4 Solutions 

5 Completing The Accounting Cycle

  PS 5  

QQ 5

PS 5 Solutions 

QQ 5 Solutions 


6 Merchandising

PS 6  

QQ 6

PS 6 Solutions

QQ 6 Solutins 

7 Accounting Systems

PS 7 

No Quick Questions

PS 7 Solutions

Accounting Test Review Notes is a 48 page, seven tests reviews of Accounting I and II.

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