Lecture
Accounting Basics: Debits, Credits, and Ledger
Description
This lecture covers the fundamental concepts of accounting, including the ledger, T-accounts, debit and credit entries, and the impact of debits and credits on assets, liabilities, and equities. It also explains how transactions like investments, purchases, and services provided are recorded, and how to calculate profits and costs in both merchandising and manufacturing businesses.
Official source
About this result
This page is automatically generated and may contain information that is not correct, complete, up-to-date, or relevant to your search query. The same applies to every other page on this website. Please make sure to verify the information with EPFL's official sources.