Basic Bookkeeping Topics Within Accounting

Basic Bookkeeping Topics Within Accounting, available at Free, has an average rating of 4.95, with 14 lectures, 3 quizzes, based on 40 reviews, and has 1691 subscribers.

You will learn about We will learn about the debit and credit concepts We will learn about the normal balances of accounts We will learn how to create journal entries and post them to the ledger We will learn about the four basic financial statements This course is ideal for individuals who are This is for anyone that would like to learn some of the basic concepts within accounting It is particularly useful for This is for anyone that would like to learn some of the basic concepts within accounting.

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Summary

Title: Basic Bookkeeping Topics Within Accounting

Price: Free

Average Rating: 4.95

Number of Lectures: 14

Number of Quizzes: 3

Number of Published Lectures: 14

Number of Published Quizzes: 3

Number of Curriculum Items: 17

Number of Published Curriculum Objects: 17

Original Price: Free

Quality Status: approved

Status: Live

What You Will Learn

We will learn about the debit and credit concepts
We will learn about the normal balances of accounts
We will learn how to create journal entries and post them to the ledger
We will learn about the four basic financial statements

Who Should Attend

This is for anyone that would like to learn some of the basic concepts within accounting

Target Audiences

This is for anyone that would like to learn some of the basic concepts within accounting

Hello everyone and welcome to our “Basic Bookkeeping Topics Within Accounting” course. In this course we will discuss the basic bookkeeping aspect of financial accounting. Specifically, we will learn the concept of debits and credits and how to determine the balance of any account. From there, we discuss the “normal” balances of accounts (i.e. how to increase an account.) We will also learn how to use those concepts to prepare initial and adjusting journal entries, post them to the T accounts/general ledger accounts, and create financial statements. The financial statements include the income statement, the statement of retained earnings, the balance sheet, and the statement of cash flows. Finally, we will prepare and post closing entries to end the accounting period. Along the way we will be discussing three different types of trial balances: unadjusted, adjusted, and post closing. This course includes text materials, as well as various videos that have been embedded into the course. This is a free course to provide you with the basics of bookkeeping to get you started in the field of accounting. I hope you find that you enjoy it as much as I have. I look forward to working with you throughout the course.

Course Curriculum

Chapter 1: Introduction

Lecture 1: Introduction

Lecture 2: Overall Video – Bookkeeping Mechanics Part 1

Lecture 3: Overall Video – Bookkeeping Mechanics Part 2

Chapter 2: Basic and Expanded Accounting Equation

Lecture 1: Basic and Expanded Accounting Equation

Chapter 3: Accounting Cycle

Lecture 1: Steps in the Accounting Cycle

Chapter 4: Normal Balances of Accounts

Lecture 1: Normal Balances Debit vs. Credit

Chapter 5: Initial Journal Entries

Lecture 1: Initial Journal Entries

Chapter 6: Accrual vs. Cash Basis of Accounting

Lecture 1: Accrual vs. Cash Basis of Accounting

Chapter 7: Adjusting Journal Entries

Lecture 1: Adjusting Entries

Chapter 8: Financial Statements

Lecture 1: Overview of Financial Statements and Income Statement Coverage

Lecture 2: Statement of Owner's Equity

Lecture 3: Balance Sheet

Lecture 4: Statement of Cash Flows

Chapter 9: Closing Journal Entries

Lecture 1: Closing Journal Entries and Practice

Instructors

Chris Severson
Accounting Professor, Training Manager, and Course Developer

Rating Distribution

1 stars: 1 votes
2 stars: 1 votes
3 stars: 2 votes
4 stars: 11 votes
5 stars: 25 votes

Frequently Asked Questions

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You can view and review the lecture materials indefinitely, like an on-demand channel.

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