Chapter 4: Completing the Cycle
CONCEPT C1
Classified Balance Sheet
Organizing assets and liabilities.
ANALYSIS A1
Current Ratio Analysis
Measuring liquidity.
PROCEDURE P1
Work Sheet Preparation
The organizing tool for accountants.
PROCEDURE P2
Closing Process & Post-Closing TB
Resetting the temporary accounts.
PROCEDURE P3
Reversing Entries
Appendix 4A: Simplifying adjustments.
🎮 INTERACTIVE
Interactive Learning
Financial Statement Builder - Create Complete Financial Statements Step by Step!
🎯 PRACTICE
Practical Case Simulation
Complete accounting cycle with closing entries!