{"id":194,"date":"2015-03-20T03:16:26","date_gmt":"2015-03-20T03:16:26","guid":{"rendered":"https:\/\/courses.candelalearning.com\/finacct2x10xmaster\/?post_type=chapter&#038;p=194"},"modified":"2015-07-12T15:21:33","modified_gmt":"2015-07-12T15:21:33","slug":"introductionthe-accounting-cycle","status":"publish","type":"chapter","link":"https:\/\/courses.lumenlearning.com\/tcc-financialaccounting\/chapter\/introductionthe-accounting-cycle\/","title":{"raw":"Introduction: The Accounting Cycle","rendered":"Introduction: The Accounting Cycle"},"content":{"raw":"<div class=\"bcc-box bcc-highlight\">\r\n<h3>LEARNING OBJECTIVES<\/h3>\r\nBy the end of this lesson, you will be able to:\r\n<ul>\r\n\t<li>Define an account<\/li>\r\n\t<li>Define a journal<\/li>\r\n\t<li>Define a ledger<\/li>\r\n\t<li>Distinguish between a ledger and a journal<\/li>\r\n\t<li>Explain how business transactions are recorded using the double-entry accounting method<\/li>\r\n\t<li>List the general rules for debits and credits<\/li>\r\n\t<li>Journalize in general journal form and post transactions to a general ledger<\/li>\r\n\t<li>Prepare a trial balance<\/li>\r\n<\/ul>\r\n<\/div>","rendered":"<div class=\"bcc-box bcc-highlight\">\n<h3>LEARNING OBJECTIVES<\/h3>\n<p>By the end of this lesson, you will be able to:<\/p>\n<ul>\n<li>Define an account<\/li>\n<li>Define a journal<\/li>\n<li>Define a ledger<\/li>\n<li>Distinguish between a ledger and a journal<\/li>\n<li>Explain how business transactions are recorded using the double-entry accounting method<\/li>\n<li>List the general rules for debits and credits<\/li>\n<li>Journalize in general journal form and post transactions to a general ledger<\/li>\n<li>Prepare a trial balance<\/li>\n<\/ul>\n<\/div>\n","protected":false},"author":276,"menu_order":1,"template":"","meta":{"_candela_citation":"[]","CANDELA_OUTCOMES_GUID":"","pb_show_title":"on","pb_short_title":"","pb_subtitle":"","pb_authors":[],"pb_section_license":""},"chapter-type":[],"contributor":[],"license":[],"class_list":["post-194","chapter","type-chapter","status-publish","hentry"],"part":56,"_links":{"self":[{"href":"https:\/\/courses.lumenlearning.com\/tcc-financialaccounting\/wp-json\/pressbooks\/v2\/chapters\/194","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/courses.lumenlearning.com\/tcc-financialaccounting\/wp-json\/pressbooks\/v2\/chapters"}],"about":[{"href":"https:\/\/courses.lumenlearning.com\/tcc-financialaccounting\/wp-json\/wp\/v2\/types\/chapter"}],"author":[{"embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/tcc-financialaccounting\/wp-json\/wp\/v2\/users\/276"}],"version-history":[{"count":7,"href":"https:\/\/courses.lumenlearning.com\/tcc-financialaccounting\/wp-json\/pressbooks\/v2\/chapters\/194\/revisions"}],"predecessor-version":[{"id":882,"href":"https:\/\/courses.lumenlearning.com\/tcc-financialaccounting\/wp-json\/pressbooks\/v2\/chapters\/194\/revisions\/882"}],"part":[{"href":"https:\/\/courses.lumenlearning.com\/tcc-financialaccounting\/wp-json\/pressbooks\/v2\/parts\/56"}],"metadata":[{"href":"https:\/\/courses.lumenlearning.com\/tcc-financialaccounting\/wp-json\/pressbooks\/v2\/chapters\/194\/metadata\/"}],"wp:attachment":[{"href":"https:\/\/courses.lumenlearning.com\/tcc-financialaccounting\/wp-json\/wp\/v2\/media?parent=194"}],"wp:term":[{"taxonomy":"chapter-type","embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/tcc-financialaccounting\/wp-json\/pressbooks\/v2\/chapter-type?post=194"},{"taxonomy":"contributor","embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/tcc-financialaccounting\/wp-json\/wp\/v2\/contributor?post=194"},{"taxonomy":"license","embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/tcc-financialaccounting\/wp-json\/wp\/v2\/license?post=194"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}