Free Bookkeeping and Accounting Courses and Tutorials. You don’t have to be a rocket scientist to learn bookkeeping!
Source: www.dwmbeancounter.com
This Introduction discusses the types of business organizations, types of business activities, users of financial information, bookkeeping systems, accounting rules, and the cash and accrual basis of accounting.
- Lesson 1 The Bookkeeping Language introduces you to some of the terminology and definitions used in the accounting and bookkeeping language.
- Lesson 2 Property and Property Rights explains Property & Property Rights, the Accounting Equation, double entry bookkeeping, and how business transactions affect the equation.
- Lesson 3 Debits and Credits introduces and explains Debits and Credits and how they affect the Accounting Equation and are used to record business transactions.
- Lesson 4 Recording Business Transactions explains and uses examples to illustrate how business transactions are properly analyzed, recorded, and summarized.
- Lesson 5 The General Ledger and Journals explains what General Ledger and Journals are, how they’re used, and what bookkeeping purposes they serve.
- Lesson 6 Financial Statements explains what financial statements are, how they’re created, and how they’re used.
- Lesson 7 Review of Major Concepts reviews the major definitions, concepts, and bookkeeping records previously discussed and necessary for an understanding of bookkeeping.
