{"id":67,"date":"2015-03-18T23:05:35","date_gmt":"2015-03-18T23:05:35","guid":{"rendered":"https:\/\/courses.candelalearning.com\/finacct2x10xmaster\/?post_type=part&#038;p=67"},"modified":"2018-08-06T17:52:27","modified_gmt":"2018-08-06T17:52:27","slug":"lesson-4-completion-of-the-accounting-cycle","status":"web-only","type":"part","link":"https:\/\/courses.lumenlearning.com\/tcc-financialaccounting\/part\/lesson-4-completion-of-the-accounting-cycle\/","title":{"raw":"Chapter 4: Completion of the Accounting Cycle","rendered":"Chapter 4: Completion of the Accounting Cycle"},"content":{"raw":"After completing this section, you will be able to:\r\n<ul>\r\n\t<li>Analyze business transactions and their effect on the accounting equation<\/li>\r\n\t<li>Journalize and post daily transactions, adjusting and closing entries using the double-entry accrual basis accounting system<\/li>\r\n\t<li>Prepare the income statement, statement of retained earnings, and CLASSIFIED balance sheet from the adjusted trial balance<\/li>\r\n<\/ul>","rendered":"<p>After completing this section, you will be able to:<\/p>\n<ul>\n<li>Analyze business transactions and their effect on the accounting equation<\/li>\n<li>Journalize and post daily transactions, adjusting and closing entries using the double-entry accrual basis accounting system<\/li>\n<li>Prepare the income statement, statement of retained earnings, and CLASSIFIED balance sheet from the adjusted trial balance<\/li>\n<\/ul>\n","protected":false},"parent":0,"menu_order":63,"template":"","meta":{"pb_part_invisible":false,"pb_part_invisible_string":""},"contributor":[],"license":[],"class_list":["post-67","part","type-part","status-web-only","hentry"],"_links":{"self":[{"href":"https:\/\/courses.lumenlearning.com\/tcc-financialaccounting\/wp-json\/pressbooks\/v2\/parts\/67","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/courses.lumenlearning.com\/tcc-financialaccounting\/wp-json\/pressbooks\/v2\/parts"}],"about":[{"href":"https:\/\/courses.lumenlearning.com\/tcc-financialaccounting\/wp-json\/wp\/v2\/types\/part"}],"version-history":[{"count":0,"href":"https:\/\/courses.lumenlearning.com\/tcc-financialaccounting\/wp-json\/pressbooks\/v2\/parts\/67\/revisions"}],"wp:attachment":[{"href":"https:\/\/courses.lumenlearning.com\/tcc-financialaccounting\/wp-json\/wp\/v2\/media?parent=67"}],"wp:term":[{"taxonomy":"contributor","embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/tcc-financialaccounting\/wp-json\/wp\/v2\/contributor?post=67"},{"taxonomy":"license","embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/tcc-financialaccounting\/wp-json\/wp\/v2\/license?post=67"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}