- The Accounting Cycle
- Description of Accounting
- Debits=Credits
- Debits=Credits?
- Source Documents
- What are Some of the Source Documents called?
- Sales Day Book
- What is the Sales Day Book
- Sales Returns Day Book
- Purchase Day Book
- What is a Purchase Day Book
- Purchase Returns Day Book
- General Journal
- What is a General Journal
- Posting of Transactions
- What is Posting of Transactions
- Balancing of Accounts
- Balancing of Accounts
- Trial Balance
- Trial Balance
- Adjusting of Entries - Accruals and Prepayments
- Sales Ledger
- Sales Ledger Quiz
- Purchase Ledger
- Purchase Ledger Quiz
- General Ledger
- General Ledger Quiz
- Suspense Account-Error Correction
- Suspense Account and Error Correction Quiz
- Profit and Loss Account
- Profit and Loss Account Quiz
- Balance Sheet
- Balance Sheet Quiz
What you'll learn
- Accounting basics
- Bookkeeping basics
- Debits and credits, adjusting of entries-accruals and prepayments
- Day books, ledgers, profit and loss, balance sheet
- Posting of transactions
- Trial balance
Description
Why take this course? Because it will help you to learn, understand and use correctly, the fundamentals of Accounting and Bookkeeping!
This free short course is for you, if you are a beginner in Accounting and Bookkeeping, if you are a student of Accounting, or if you are a businessman. This course, will help you to become a better Accountant, Bookkeeper, or a Businessman.
By studying each of the lectures in this course, one by one, they will will give an idea, of how Accounting and Bookkeeping work as a system, as one whole unit. That will help you become better at using Accounting and Bookkeeping for studying at college, for your own business, or as a person, having an Accounting and Bookkeeping practice.
The course will help you to get an overview, of most of the basic and fundamental topics and principles of Accounting and Bookkeeping. Do not worry if you do not have previous knowledge of Accounting! That is why the course was created, to give you an idea, what Accounting and Bookkeeping are all about, without bothering you, with too much detail!
The course is short, only about 1 hour, but will help you to grasp and understand how Accounting works as a system, as a process of steps, which are related to one another.
The course is created by a qualified Financial Accountant, who has experience of teaching Accounting online.
There is a quiz, included after some of the lectures.
Some of the Accounting topics you will learn are:
accounting cycle
debits and credits
accruals and prepayments
sales and purchase day books
cash book
petty cash book
general journal
posting of transactions
trial balance
profit and loss account
balance sheet
more...
If you decide to take this free course, before you start delving deeper into all those, sometimes seemingly confusing Accounting and Bookkeeping details, it will help you to get the understanding of what Accounting is, how its works as a whole, and why it is the language of business. Enjoy!
If you are interested in a more in depth and details explanation of Accounting and Bookkeeping, please visit my other course of Accounting and Bookkeeping Fundamentals.
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About the instructors
- 3.2 Calificación
- 2300 Estudiantes
- 1 Cursos
Deyan Arnaudov
Qualified Financial Accountant and Bookkeeper
Deyan is qualified in Financial Accounting, from various colleges and education organisations, in the United Kingdom, which include ABC Awards, NCFE, Stonebridge Associated Colleges, Brentwood College, Step Ahead, and others.
Deyan has an experience of teaching Accounting online.
The Accounting and Bookkeeping qualifications of Deyan include:
✓ Certificate Xero Accounting and Bookkeeping QLS Level 7
✓ Diploma Accounting Management CPD Level 6.
✓ Diploma Accounting and
Finance Level 4.
✓ Diploma Accounting and
Bookkeeping CPD Level 3.
✓ Business Accounting Diploma.
✓ Accounting with Computers Certificate.
✓ Sage 50 Accounts Certificate.
Student feedback
Course Rating
Reviews
Can't even understand what he's saying. Voice is muffled, English is terrible. Lazy pronunciations. I don't need to hear his mouth and lip noises.
Not very visually descriptive.
Is it a good match for me. it tells me the basic information about the course
its good, he explain what are the cycle of accounting.