#richacc12 Ch 5 Test Friday (Tomorrow)

Make sure you study chapter 5 (Expanding the General Ledger).  You should be able to set up T-Accounts and enter Business Transaction for Assets, Liabilities and Equity (Capital, Drawings, Revenue and Expenses).  You should also be able to create both a Trial Balance and a Balance sheet using the expanded Equity section.

 

Happy Studying!