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
  • Use QuickBooks Online to record transactions

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.

Each lesson is around 3-5 minutes, and you can learn at your own pace.

WHY THIS COURSE?

  • Taught by a CPA, CA, MBA – Calvin K. Lee

  • Calvin is a top-rated instructor at Schulich School of Business at York University

  • Over 38,000+ students from 170 countries enrolled in his courses

  • He has 15 years of experience in bookkeeping & accounting

  • He has worked in a Big 4 accounting firm (Ernst & Young)

  • 6 languages subtitles/captions: English, Chinese, French, German, Hindi, and Spanish

  • Certificate of Completion available

  • I guarantee you will learn bookkeeping. If you aren’t absolutely satisfied, I’ll refund your money with a 30-day money-back guarantee

YOU WILL LEARN:

  • Debits and Credits

  • Basic Bookkeeping Vocabulary

  • Preparing a Bank Reconciliation

  • Bookkeeping Practice Worksheets & Exercises

  • How to Start a Bookkeeping Business or Freelancing

  • Using QuickBooks Online to record transactions

  • 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

  • Common Bookkeeping Mistakes

  • And much more!

STUDENT REVIEWS:

  • “Excellent course taught by a professional person with experience, explained each concept to a very high standard. Degree level explanation, good teacher and worth the money spent.” – Jamuna

  • It was a great experience. – L. Perera

  • Excellent material, very well-taught…looking forward to going further into the course – Jaye D.

  • This course is very relevant to a business owner stand point and easy to understand. – Deisy

  • “Very nice course” – Gaurav C.

REGISTER FOR THIS COURSE NOW!

Author(s): Calvin Lee, CPA, CA, MBA

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