Basic Accounting

Business Training

Understand How to Perform Standard Accounting Tasks


Course Description: Basic Accounting is a course designed to give both a textbook and real world experience that will prepare the student for subsequent accounting courses. This course will give you the knowledge needed to succeed in the workplace. The sections covered in this Basic Accounting course fit in line with full cycle accounting. Full cycle accounting includes all functions in accounting, such as accounts payable, accounts receivables, payroll, and general ledger.

Author: Marvin Child

Runtime: 2hrs. 12min.

Lessons: 55

Lessons
Time
(Min:Sec)
Introduction PREVIEW, CLICK HERE
00:24
Chapter 1: Analyzing Business Transactions
Overview PREVIEW, CLICK HERE
00:29
Accounting and End Users PREVIEW, CLICK HERE
02:25
Accounting Careers
04:07
Flow of Data
00:46
Recording Business Transactions
00:43
Chapter 2: General Journal & Ledger Posting
Overview
00:30
General Journal
01:50
Ledger
00:57
Accounting Equation
04:02
T-Accounts (Part 1)
11:39
T-Accounts (Part 2)
04:22
Chapter 3: Adjustments & Worksheets
Overview
00:25
Cash vs Accrual
01:34
Accrual Entries—Ledger Method
04:45
Deferred Revenue
02:19
Worksheet/Trial Balance
05:53
Chapter 4: Closing
Overview
00:31
Period Cutoff
01:00
Closing Entries
02:11
Financial Statements
01:50
Balance Sheet
02:09
Statement of Retained Earnings
01:16
Income Statement
01:47
Cash Flow Statement
06:58
Chapter 5: Cash
Overview
00:34
Cash Accounts
03:02
Cash Equivalents
00:56
Noncash Items
03:53
Bank Reconciliations
02:55
Bank to Book Reconciliation
01:29
Reconciling the Bank Statement
02:32
Chapter 6: Merchandise Sales & Purchases
Overview
00:16
Merchandise Sales
03:05
Merchandise Sale Terms
00:48
Shipping Terms
02:28
Purchases
03:12
Accounting for Purchases
02:11
Chapter 7: Cash Receipts & Payments
Overview
00:19
Cash Receipts
03:24
Payments
02:40
Chapter 8: Merchandising Worksheet & Payment
Overview
01:00
Merchandise Inventory
05:18
Cost of Goods Sold
00:52
Gross Profit
00:53
Income Statement
01:19
Chapter 9: Receivables & Payables
Overview
00:33
Sales on Credit
01:37
Receivables and Payables
05:47
Account Detail Reports
01:52
Recognizing Bad Debts
05:10
Net Sales Method
03:26
Aging of Accounts Receivables
03:26
Payments of Notes/Loans
03:39
Conclusion
00:11
Get Full Access Now

Enter your information below to preview lessons.

Invalid Entry. Re-enter your information in the highlighted box(es):



A confirmation email with updates will be sent to you at this address.Your privacy is important to us. Your email will not be shared with anyone.

Close

To access this lesson, you need to log in to your account.

Enter your username and password in the boxes at the top right corner of this page.

Close

Invalid Entry. Re-enter your information in the highlighted box(es):