Accounting for newbies

Bookkeeping and balance sheet fundamentals

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Last Updated: 2022-04-25 08:04:14 English Course Type: Self Learning

Bookkeeping for purchase for cash
Bookkeeping for purchase on credit
Bookkeeping for goods sold for cash
Bookkeeping for goods sold on credit
Bookkeeping for unearned revenues
Bookkeeping for prepaid expenses
Balance sheet structure
Balance sheet ratios analysis

This course is designed to help you become familiar with:

the accounting objects: assets, liabilities, owners’ equity, expenses, revenues and transactions;

the rules of “Debit-credit language”;

the structure of balance sheet and

how to calculate and analyze some ratios.

The course lightens the process of understanding the basics of accounting and one of the most important financial statements – Balance sheet.

The course will be regularly up-dated with new videos and quizzes. The more the students, the more materials will be published. Enjoy!

No requirements

No prerequisites

Section 1 : Bookkeeping 13 Lectures 00:27:26
Lecture 1 :
Accounting equation Preview
Lecture 2 :
Expanded accounting equation
Lecture 3 :
Transactions
Lecture 4 :
Accounts
Lecture 5 :
Accrual accounting system
Lecture 6 :
Double-entry accounting system
Lecture 7 :
Credit purchases
Lecture 8 :
Cash purchases
Lecture 9 :
Credit sales
Lecture 10 :
Cash sales
Lecture 11 :
Unearned revenues
Lecture 12 :
Prepaid expenses
Lecture 13 :
Closing accounts and a trial balance
Section 2 : Balance sheet analysis 8 Lectures 00:18:38
Lecture 1 :
Balance sheet
Lecture 2 :
Balance sheet ratio analysis
Lecture 3 :
Current ratio
Lecture 4 :
Quick ratio
Lecture 5 :
Working capital
Lecture 6 :
Debt to equity ratio
Lecture 7 :
Total debt ratio
Lecture 8 :
Types of balance sheet
Section 3 : Quiz 1 Lectures
Lecture 1 :
Quick Quiz
Choose the right answer

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Do i need a pc to access the course or can i do it on mobile & tablet as well?
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Accounting is a piece of cake VRN,

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Knowledge is a treasure - share your treasure! I worked as an Accounting lecturer at a university, but I realized that I need to spread my knowledge all over the world. That's why I became an Online Accounting Instructor! And something more, I find living in a digital century is a big advantage and a prerequisite to moving from the boring whiteboard to all opportunities that technology gives to present my knowledge in an interesting way!