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College Accounting, Eighth Edition
Douglas J. McQuaig, Wenatchee Valley College
Patricia A. Bille, Highline Community College
Performance Objectives
Chapter 6: Accounting for Professional Enterprises: The Combined Journal

  1. Describe the accounting records for a professional enterprise.

  2. Record transactions for both a professional and a service enterprise in a combined journal.

  3. Post from the combined journal and determine the cash balance.

  4. Prepare a work sheet for a professional enterprise.

  5. Prepare financial statements for a professional enterprise.

  6. Record adjusting and closing entries in a combined journal.





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