Principle of accounting

Terapan Sistem Pencatatan Keuangan

Individu

Financial Statements

After transactions have been recorded
and summarized, reports are prepared
for users. The accounting reports that
provide this information are called :
financial statements

Terapan Sistem Pencatatan Keuangan Individu

PIHAK

-

PIHAK YANG

BERKEPENTINGAN TEHDP. AKT

⚫

PEMERINTAH UNTUK PAJAK

⚫

PIMPINAN PERUSAHAAN

⚫

PEMILIK PERUSAHAAN/PEMEGANG

SAHAM

⚫

KARYAWAN

⚫

LAINNYA

Terapan Sistem Pencatatan Keuangan

Individu

The primary Financial
Statements are the :

Income Statement

Balance Sheet

Statement of owner’s equity

Statement of Cash Flows

Terapan Sistem Pencatatan Keuangan

Individu

Income Statement

A summary of the revenue and
expenses for a specific period of time,
such as a month or a year

Terapan Sistem Pencatatan Keuangan

Individu

Balance Sheet

A list of the assets, liabilities, and owner’s
equity as of a specific date, usually at the
close of the last day of a month or a year

Terapan Sistem Pencatatan Keuangan

Individu

Statement of owner’s equity

A summary of the changes in the
owner’s equity that have occurred
during a specific period of time, such as
a month or a year

Terapan Sistem Pencatatan Keuangan

Individu

Statement of Cash Flows

A summary of the cash receipts and
cash payments for a specific period of
time, such as a month or a year

Terapan Sistem Pencatatan Keuangan

Individu

Accounting Cycle

Analyze and record transactions in journal

Post transaction to ledger

Prepare trial balance, assemble adjustment
data, and complete work sheet

Financial Statement are prepared

Journalize and post adjusting entries

Journalize and post closing entries

Prepare post-closing trial balance