Lecture Financial accounting (8/e): Chapter 2 - Robert Libby, Patricia A. Libby, Daniel G. Short
Lecture Financial accounting (8/e): Chapter 2 - Robert Libby, Patricia A. Libby, Daniel G. Short
Chapter 2, investing and financing decisions and the accounting system. After studying this chapter, you should be able to: Define the objective of financial reporting, the elements of the balance sheet, and the related key accounting assumptions and principles; identify what constitutes a business transaction and recognize common balance sheet account titles used in business.