Required Reading

Using your physical book or the e-book in Connect, read the following:

LO3–1 Analyze the effects of transactions on assets, liabilities, and stockholders' equity.
LO3–2 Analyze the effects of transactions on revenues, expenses, and dividends.
LO3–3 Prepare a preliminary balance sheet and income statement.
LO3–4 Record transactions in a journal using debits and credits.
LO3–5 Post transactions to the general ledger.
LO3–6 Prepare a trial balance.