Financial Accounting

Understand the Most Common Business Accounting Practices


Course Description: This course offers thorough, working knowledge of financial accounting by reviewing the business basics for a merchandising firm, asset accounts, receivables, inventories, and long-term assets.

Author: Valerie Chau

Runtime: 1hr. 47min.

Lessons: 24

Lessons
Time
(Min:Sec)
Introduction PREVIEW, CLICK HERE
01:14
Chapter 1: Foundational Terms & Concepts
Overview PREVIEW, CLICK HERE
11:47
Finance PREVIEW, CLICK HERE
02:55
Chapter 2: Accounting for the Merchandising Business
Adjustments
17:15
Analyzing Business Transactions
02:56
Net Sales
01:42
Operating Expenses
08:12
Property, Plant, and Equipment
01:23
Copying and Moving Information (Part 1)
02:50
Sales Transactions
02:46
Purchase Transactions
03:03
Chart of Accounts
03:06
Chapter 3: Receivables
Cash and Cash Equivalents
16:55
Classifying
02:38
Allowance Method
02:50
Direct Write Off
02:53
Notes
01:40
Finance
02:15
Chapter 4: Inventory
Overview
03:04
Perpetual System
02:41
Cost of Goods
03:06
Chapter 5: Fixed Assets
Intangible Assets
03:00
Depreciation
04:18
Declining Balance
02:15
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