Description
In this course, you will learn:
- An understanding of accounting principles, with a simplified explanation of the various processes and limitations.
- Being able to record daily movements and understand the financial statements.
Syllabus:
- Introduction
- Accounting and Accounts
- Double Entry and Accounting Equation
- What is Assets
- What is Liabilities
- What is Owner Equity
- What is Expenses, Income and COA
- Trial Balance
- Income Statement (Profit and Loss)
- Balance Sheet (Statement of Financial Position)
- Real Life Example, Daily operations
- Cash Transactions
- Expense Transactions
- Accrued Expenses
- Fixed Assets
- Sales & Collections
- Salaries & Wages
- Trial Balance
- Income Statement (Profit & Loss)
- Balance Sheet (Statement of Financial Position)