Chapter 4. Accounting Basics
Published Online: 25 AUG 2009
DOI: 10.1002/9780470548813.ch4
Copyright © 2009 by John Wiley & Sons, Inc. All rights reserved.
Book Title
Financial Management and Accounting Fundamentals for Construction
Additional Information
How to Cite
Halpin, D. W. and Senior, B. A. (2009) Accounting Basics, in Financial Management and Accounting Fundamentals for Construction, John Wiley & Sons, Inc., Hoboken, NJ, USA. doi: 10.1002/9780470548813.ch4
Publication History
- Published Online: 25 AUG 2009
- Published Print: 2 SEP 2009
ISBN Information
Print ISBN: 9780470182710
Online ISBN: 9780470548813
- Summary
- Chapter
Keywords:
- journalizing;
- ledger;
- accounting cycle;
- transactions;
- period
Summary
This chapter contains sections titled:
Introduction
Transaction Processing
Journalizing the Transaction
Posting Entries to the Ledger
Relationship of Work-in-Progress and Revenue/Expense Accounts
Closing the Accounting Cycle
Recognition of Income
Transactions during a Period
Posting to the General Ledger during the Accounting Period
Closing Actions at the End of the Period
Review Questions and Exercises