Day 43: Study for Unit Test

Review key concepts from chapters 1 through 3

Unit 1 Test is TOMORROW! Work on Review Packet.

Review chapter 1 concepts by watching these videos online:

• The Accounting Equation (7:55)
• Accounting Transactions (5:33)
• Financial Statements (7:07)

Review chapter 2 concepts by watching these videos online:

• Intro to Rules of Debit and Credit (9:12)
    
• T-Account Transactions (11:15)
  T-Accounts and Journal Entries (6:00)
   
• General Journal and Ledgers (6:20)

Review chapter 3 by watching the videos online:

• Adjustments and Deferrals (14:47)
• Prepaid Expenses (5:59)
• Depreciation (6:53)
• Unearned Revenues (5:00)

• Adjustments and Accruals (12:46) 
• Accrual and Cash Basis Accounting(4:02)
• Accrued Expenses (4:16)
• Accrued Revenue (3:45)