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  • PRACTICE TEST - TEST YOUR KNOWLEDGE - Accounting Journal Entries
  • Learn the 3 golden rules of accounting
  • Learn the logic of application of these rules (A step-by-step approach) to identify the correct accounting journal entry for any scenario
  • Learn the basic accounting journal entries across different sub processes
  • Will be confident in answering most of accounting entry related questions
  • A downloadable PDF comprising of Accounting Journal Entries - A simple compilation.

1. A simple course comprising of Accounting Journal entries applicable for every business.

2. This course will make accounting journal entries interesting for all those who have been avoiding this subject.

3. It will be a one stop repository of all basic journal entries for most of the sub processes.

4. It covers first level accounting Journal entries

· Basics of Journal entries and types of Journal entries

· Journal entry format and Journal entry impact on accounts

· 3 Golden rules of accounting – Real account, Personal account, Nominal account

· Two scenario-based examples, with a step-by-step approach to identify the correct accounting journal entries. With this step-by-step approach you will be able to arrive at the correct journal entries for any given scenario.

· Order to Cash process - Revenue, Accounts Receivables, Allowance for Bad debts, Bad Debts, Factoring

· Procure to Pay process - Payable, Payroll expenses, Accruals

· Prepaid, Fixed Assets, Inventory, Abnormal loss, Prepaid expenses, Petty cash, Banking

· Special topics like Intercompany, Lease, Impairment, Goodwill, Amortization expense

· Taxes – Goods and Service Tax, Income tax and Deferred Tax Asset and Deferred Tax Liability

· Share capital, Dividend

· Investments, Investment in Associates and Investment by the owner in Equity

5. This course is relevant for all Business needs, Finance professionals and accounting students.

  • Basic understanding of Accounts
  • Interest in learning the basics of accounting journal entries
  • This course is for all Finance professionals, Accounting aspirants and accounting students who would want to learn the basics of accounting journal entries.
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  • Section 1 : Accounting Journal Entries 10 Lectures 00:36:59

    • Lecture 1 :
    • Introduction to Accounting Journal Entries Preview
    • Lecture 2 :
    • Rules of Accounting Journal Entries
    • Lecture 3 :
    • Examples
    • Lecture 4 :
    • Order to Cash
    • Lecture 5 :
    • Procure to Pay
    • Lecture 6 :
    • Assets
    • Lecture 7 :
    • Special Topics
    • Lecture 8 :
    • Taxes
    • Lecture 9 :
    • Share Capital
    • Lecture 10 :
    • Investments
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Sonu Thomas is a Chartered Accountant with 20+ years of Corporate experience in the field of Finance, Accounting, Auditing, Compliance and Operational excellence. He has extensive experience in the field of Accounts Receivables, Accounts Payables, Internal Audit and Controls, SOX Compliance, Cost saving. He aims to help individuals and businesses accomplish their goals by providing them with simple and effective learning solutions. Strongly believes upskilling team members is the key to Organization and individual success stories.
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