Chapter 1 Power notes Approaching the Subject of Accounting (1) Learning Objectives 1.Definitions of six Basic Accounting Terms 2. Double Entry System 3. Balance Sheet 4. Trial Balance 5. Trading and Profit and Loss Account 6. Journal Entries C1 c1-1C1 - 1 Learning Objectives 1. Definitions of Six Basic Accounting Terms 2. Double Entry System 3. Balance Sheet 4. Trial Balance 5. Trading and Profit and Loss Account 6. Journal Entries Power Notes Approaching the Subject of Accounting(1) Chapter 1 C1