Publisher`s description - Learn Accounting Basics For Beginners
★★★★★ In my accountant classes, you can learn all about you want, such as:
This explanation of accounting basics will introduce you to some basic accounting principles, accounting concepts, and accounting terminology.
Some of the basic accounting terms that you will learn include revenues, expenses, assets, liabilities, income statement, balance sheet, and statement of cash flows. You will become familiar with accounting debits and credits as we show you how to record transactions. You will also see why two basic accounting principles, the revenue recognition principle and the matching principle, assure that a company's income statement reports a company's profitability.
In this explanation of accounting basics, we will often omit some accounting details and complexities in order to present clear and concise explanations. This means that you should always seek professional advice for your specific circumstances.
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Topic includes:
- Lession 1 - Definitions
- Lession 2 - Income Statement
- Lession 3 - Statement of Retained Earnings
- Lession 4 - Balance Sheet
- Lession 5 - Financial Statement Overview
- Lession 6 - Journal Entries - Rules of Debits and Credits
- Lession 7 - Journal Entries - Example
- Lession 8 - Journal Entries- Example -Ctd
- Lession 9 - Prepaid Expenses
- Lession 10 - Amortization / Depreciation
- Lession 11 - Accrued Expenses
- Lession 12 - Accrued revenues
- Lession 13 - Unearned Revenues
- Lession 14 - Adjusting Journal Entries Wrap up
- Lession 15 - Closing Journal Entries
- Lession 16 - Comprehensive Adjusting Journal Entries Problem
- Lession 17 - Comprehensive Adjusting Journal Entries Problem
- Lession 18 - Comprehensive Adjusting Journal Entries Problem
- Lession 19 - Bank Reconciliations Explained
- Lession 20 - Bank Reconciliations Example
...and much, much more!
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