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Balance sheet and income statement relationship
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Classroom Contents
Accounting 101
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- 1 Debits and credits DC ADE LER
- 2 Accounting equation explained
- 3 Debits and credits explained
- 4 Double entry accounting explained
- 5 Balance sheet and income statement relationship
- 6 Accruals explained
- 7 Prepaid expenses explained
- 8 Prepaid expense examples
- 9 Suspense accounts explained
- 10 Depreciation explained
- 11 History of accounting
- 12 What is a general ledger
- 13 US GAAP vs IFRS
- 14 Trial balance explained
- 15 T accounts explained
- 16 Current assets and current liabilities
- 17 Cost Of Goods Sold (COGS) explained
- 18 Income statement explained
- 19 BALANCE SHEET explained
- 20 Closing entries in accounting
- 21 Accrued revenue
- 22 Accrued revenue vs deferred revenue
- 23 Adjusting entries
- 24 Trial balance vs balance sheet
- 25 What is gross profit
- 26 Average cost inventory method
