Basic Accounting Transactions
This course has been designed to give you the basic understanding of bookkeeping. It comes with easy-to-follow animations and explanations, the course will help you to gain the gold skills that you need to do a good bookkeeping job.
In case you already have some bookkeeping knowledge, the course can be used for refreshing your bookkeeping and accountancy expertise.You will be surprised how beneficial this course is and how many things you will learn. The secret to the success of the course is that it consists of different learning resources: videos with theory and examples, quizzes, and exercises with explanations.
Using all these learning forms you’ll become familiar with the main accounting terms and rules of recording the most common business transactions.
At the end of this course, you will be confident in the field of basic bookkeeping.
Why choose Edplx?
- Internationally recognised accredited qualification
- Access to our free career advisors
- Approved UK Learning Centre
- 1 year accessibility to the course
- Attain PDF or hardcopy certificate to show employers
- Study at your own pace anywhere
- Employer has access to certificate validation
- Tutor Support available Monday-Friday
- Invitation to job fairs
Course Curriculum
This Course will cover some of the following topics:-
Introduction
- Introduction
Basic Accounting Terms
- Bookkeeping and Accounting
- Assets, liabilities, owners equity and accounting equation
- Revenues, expenses and expanded accounting equation
- Transactions
- Accounts
- Accrual system
- Double-entry system
- Recording transactions
Common Transactions
- Purchase on credit
- Cash purchase
- Sale on credit
- Cash sale
- Unearned revenues
- Prepaid expenses
- Unrecorded expenses
- Unrecorded revenues
- Depreciation
- Types of discounts
- Discount allowed
- Discount received
Practice
- Exercise 1
- Exercise 2
- Exercise 3
- Exercise 4
- Exercise 5
Who is this Course for
This course is suitable for
- Entry-level accountants
- Bookkeepers
- Business’ owners
- Students
- People who want to achieve financial health
Requirement
This course is open to all with no formal entry requirements.
Course Features
- Lectures 26
- Quizzes 0
- Duration 1h 08m
- Skill level All levels
- Language English
- Students 350
- Certificate No
- Assessments Yes
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Introduction
-
Basic Accounting Terms
-
Common Transactions
-
Practice