Bookkeeping Basics Explained (Bookkeeping & Accounting)

Bookkeeping and accounting explained. Bookkeeping and accounting basics is easy. Simple Bookkeeping and accounting.

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

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