[Free] Learn Accounting
Basics of Financial Accounting – Free Course
What you’ll learn
- This course is an introductory course to financial accounting where you will learn the difference between the different types of accounting, business documents used to prepare ledger accounts,principles of double entry bookkeeping, how to make ledger entries, how to balance ledger accounts and how to prepare a trial balance.
Requirements
- No
Description
Debit, Credit, Credit, Debit… Are you also confused with the debits and credits in accounting!? Don’t worry, this FREE short course is all you need!In this course, you will learn about the basics of financial accounting.
You will learn:
1. The difference between management accounting and financial accounting
2. Definition of assets, liabilities & Equity
3. The accounting equation
4. Source documents, journals & ledgers
5. Basics of double entry bookkeeping, how to record transactions in ledger accounts and how to balance ledger accounts.
6. Meaning and purpose of a Trial Balance
7. How to prepare a Trial Balance
8. Errors that affect & those that do not affect the Trial Balance
Author(s): Radhika Ghelani
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