Course Information
Registration period
Year-round Recruitment
Course Level
Study Mode
Duration
1 Hour(s) 4 Minute(s)
Language
English
Taught by
Arbab Shahzaib
Rating
Course Overview
Learn basic Bookkeeping and become accountant of your own business.
In this course you will learn Bookkeeping and Accounting from basics. Each topic is divided into several sections which will help to understand thoroughly and after completion of each topic you will get quiz. This course is combination of theory and practical this means that you will be learning by practice during lectures. This course is ideal for anyone who wants to obtain a good grounding knowledge in Bookkeeping and financial accounting. If you want to become pro in Bookkeeping so try to practice all the activities after each lecture. It would help you a lot and you can achieve your target.
What will we learn?
Financial Accounting
Bookkeeping
5 head of accounts
Accounting equation
How to classify the business transactions.
How to prepare ledgers and T accounts?
How to bring balances in Trial Balance?
What are the items of income statement?
How to calculate cost of sales or cost of goods sold?
How to calculate Gross Profit and Net Profit?
How to design Income Statement for your business?
What is working capital?
How to classify assets and liabilities in balance sheet?
How to prepare Balance Sheet for your business?
After completion of the course student will be able to
create double entry from business transactions.
differentiate between Asset, liability, Expenses, Income and Capital
interpret and understand the financial statements.
Course Content
- 5 section(s)
- 7 lecture(s)
- Section 1 Introduction
- Section 2 Learning Five Head Of Accounts
- Section 3 Understanding Double Entries Bookkeeping
- Section 4 How to make T accounts?
- Section 5 How to prepare Trial Balance?
What You’ll Learn
- Introduction of Accounting.
- Relationship between Bookkeeping and Accounting.
- Understand 5 head of Accounts to understand bookkeeping
- How to record business transactions in General Journal.
- How to use double entry bookkeeping?
- How to create Ledger accounts?
- How to balance off the individual ledger accounts
- How to prepare Trial Balance.
- How to identify and remove errors from trial balance?
Skills covered in this course
Reviews
-
BBolormaa Corraidhin
This course is a rewarding experience for those eager to grasp bookkeeping efficiently. The instructor's systematic approach breaks down complex concepts into manageable steps, establishing a strong foundation in bookkeeping principles.
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LLyubomir Miho
This course stands out as an exceptional resource for those aiming to expedite their bookkeeping knowledge. The instructor's systematic teaching approach simplifies complex concepts, laying a strong foundation in bookkeeping principles.
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DDaniel Redd
I would recommend it to those who have never done bookkeeping before or to those that had little training and need more information.
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AAminat Mimiko
Very insightful. Thank you.
