Basic Accounting Solutions, Volume 2, 2nd Edition Learning Goal 1: Explain the Meaning of "Accounting Period" Learning Goal 2: Explain the Basic Principles for Recording Revenues and Expenses Learning Goal 4: Analyze Accounts and Prepare Adjusting Entries Learning Goal 5: Prepare and Use an Adjusted Trial Balance Learning Goal 7: Prepare and Use a Worksheet; Use a Classified Balance Sheet Learning Goal 8: Prepare Closing Entries Learning Goal 9: Describe the Complete Accounting Cycle Learning Goal 10: Distinguish Service Operations From Merchandising Operations Learning Goal 11: Explain and Use the Periodic Inventory Method Learning Goal 12: Complete the Period-End Procedures — Periodic Method Learning Goal 13: Explain and Use the Perpetual Inventory Method Learning Goal 14: Complete the Period-End Procedures — Perpetual Method Learning Goal 15: Identify an Accounting System; Explain and Use Its Features Learning Goal 16: Report and Control Cash Learning Goal 17: Record, Report, and Control Receivables Learning Goal 18: Record, Report, and Control Merchandise Inventory Learning Goal 19: Record, Report, and Control Fixed Assets and Intangibles Learning Goal 20: Record, Report, and Control Current Liabilities and Payroll Learning Goal 21: Prepare and Analyze a Statement of Cash Flows