This course provides an overview of basic accounting for service and merchandising businesses. Moreover, it includes topics about partnership such as the formation of a partnership, division of profit and loss by the partners, accounting for the admission, retirement/withdrawal of a partner, partnership liquidation, lump sum method and by installment. It also focuses on the components in organizing a corporation, the stockholders’ equity section of the Statement of Financial Position and other corporate transactions & related topics.
This course provides an overview of basic accounting for service and merchandising businesses. Moreover, it includes topics about partnership such as the formation of a partnership, division of profit and loss by the partners, accounting for the admission, retirement/withdrawal of a partner, partnership liquidation, lump sum method and by installment. It also focuses on the components in organizing a corporation, the stockholders’ equity section of the Statement of Financial Position and other corporate transactions & related topics.
This course provides an overview of basic accounting for service and merchandising businesses. Moreover, it includes topics about partnership such as the formation of a partnership, division of profit and loss by the partners, accounting for the admission, retirement/withdrawal of a partner, partnership liquidation, lump sum method and by installment. It also focuses on the components in organizing a corporation, the stockholders’ equity section of the Statement of Financial Position and other corporate transactions & related topics.