Chapter 3 - The Accounting Information System.docx

1 Page
62 Views
Unlock Document

Department
Business Administration
Course
Business Administration 2257
Professor
Amy Shuh
Semester
Fall

Description
Chapter 3: The Accounting Information System September 11, 2013 Michael Hua Accounting Transactions  Accounting Information System – the system of collecting and processing transaction data and communicating financial information to decision-makers  Only those events that cause changes in assets, liabilities, or shareholders’ equity should be recorded  Accounting Transaction – occurs when assets, liabilities, or shareholders’ equity items change as a result of some economic event  Account – an individual accounting record of increases
More Less

Related notes for Business Administration 2257

Log In


OR

Join OneClass

Access over 10 million pages of study
documents for 1.3 million courses.

Sign up

Join to view


OR

By registering, I agree to the Terms and Privacy Policies
Already have an account?
Just a few more details

So we can recommend you notes for your school.

Reset Password

Please enter below the email address you registered with and we will send you a link to reset your password.

Add your courses

Get notes from the top students in your class.


Submit