Chapter 1 introduction to financial statements o financing activities deal with the ways a business raises funds for operationsthe two primary sources of outside funds are borrowing money and issuing selling shares o a business may borrow money by taking out a loan at a bank issuing debt securities or. Lecture notes course home syllabus the accrual accounting process of preparing financial statements l5 the accrual accounting process of preparing financial statements cont use ocw to guide your own life long learning or to teach others we dont offer credit or certification for using ocw. Accounting 101 financial accounting has been evaluated and recommended for 3 semester hours and may be transferred to over 2000 colleges and. Cliffsnotes study guides are written by real teachers and professors so no matter what youre studying cliffsnotes can ease your homework headaches and help you score high on exams
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