Instructor Note: The following videos assume the entity’s organization structure is a Sole Proprietorship and use account titles such as Owner Capital and Withdrawals. If you use account titles such as Common Stock, Retained Earnings, and Dividends, see our Corporate videos.
How to Analyze Transactions Using the Accounting Equation
How to Prepare and Post Journal Entries
How to Record Adjusting Entries for Prepaid Expenses and Unearned Revenue
How to Record Adjusting Entries for Accrued Expenses and Accrued Revenues
How to Prepare Financial Statements from an Adjusted Trial Balance
How to Prepare Closing Entries