What you’ll learn Debits and credits Prepare bank reconciliation Prepare balance sheet Prepare income statement Prepare trial balance Record daily bookkeeping journal entries Month-end accrual journal entries Requirements No prior knowledge needed. All you need is a desire to learn! Description In this course you will learn bookkeeping and accounting basics. By the end of this course, you will have a solid understanding of the main accounts in bookkeeping and accounting, the different financial reports, and I will show you step-by-step how to do bookkeeping and accounting. You will learn: Debits and Credits Preparing a Bank Reconciliation Preparing Balance Sheet and Income Statement Accounts Receivable and Accounts Payable Month-end or Year-end Accruals Mortgage or Loan amortization Recording Amortization (Depreciation) of Tangible Capital Assets Recording Term Deposits, and Interest Received from Term Deposits or GIC’s Recording Investments, Dividends & Interest Received from Investments Recording a Return of Capital from an Investment Adjusting an Investment to Fair Market Value Recording Dividend Payments to Shareholders Closing Dividends into Retained Earnings Writing-off Bad Debts Setting up Allowance for Doubtful Accounts Setting up Accounting Software Getting Started with Accounting Software Trial Balance Examples of the most common daily bookkeeping journal entries And much more! Register for this course now! Who this course is for: Beginner bookkeeping students Beginner accounting students Continue reading...
