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Accounting Fundamentals

with Charlene Messier

$115
Online registration unavailable

ONDEMAND - Self-Paced, start anytime or Instructor Led, pick your start date!  Register here.

In this comprehensive course, you will learn the basics of double-entry bookkeeping, as well as how to analyze and record financial transactions. You will get hands-on experience with handling accounts receivable, accounts payable, payroll procedures, sales taxes, and various common banking activities.

Accounting Fundamentals covers all the bases, from writing checks to preparing an income statement and closing out accounts at the end of each fiscal period. Whether you're a sole proprietor looking to manage your business finances or you simply want to gain an understanding of accounting basics for career advancement or for personal use, this course will give you a solid foundation in financial matters.

Syllabus:

Lesson 1 - Account Classifications, Account Titles, T Accounts, and the Accounting Equation

Lesson 2 - General Ledger Accounts and the Balance Sheet

Lesson 3 - Journalizing Transactions and Posting to the General Ledger

Lesson 4 - Journalizing and Posting Cash and Charge Purchases and Payments on Account

Lesson 5 - Journalizing and Posting Cash and Charge Sales and Cash Received on Account

Lesson 6 - Payroll and Various Deductions

Lesson 7 - Banking Services and Reports

Lesson 8 - Posting Journal Totals to the General Ledger and Schedule of Accounts Payable and Schedule of Accounts Receivable

Lesson 9 - End-Of-Year Worksheet

Lesson 10 - End-Of-Year Financial Reports

Lesson 11 - Journalizing and Posting Adjusting Entries

Lesson 12 - Journalizing and Posting Closing Entries and Preparing a Post Closing Trial Balance