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Bookkeeping Basics Explained (Bookkeeping & Accounting)

(8 customer reviews)

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Last updated on March 21, 2021 17:15

Description

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


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.

Student reviews for this course:

– “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

– “Great.” – Manny S.

– “Very nice course” – Gaurav C.

Subtitles available in English, Chinese, French, and Spanish.

You will learn:

  • Debits and Credits

  • Preparing a Bank Reconciliation

  • 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

  • And much more!

A Certificate of Completion will be available when you complete the course which you can help you get a job or share on social media such as LinkedIn.

Register for this course now!

Who this course is for:

  • Beginner bookkeeping students
  • Beginner accounting students

Course content

  • Introduction
  • Bookkeeping Basic Skills
  • Using Bookkeeping or Accounting Software
  • Examples of everyday bookkeeping: Computer Store
  • More Bookkeeping Basics Topics
  • Additional resources

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