Accounting 101 - The Principles Of Accounting
4.5 (385 ratings)
Course Ratings are calculated from individual students’ ratings and a variety of other signals, like age of rating and reliability, to ensure that they reflect course quality fairly and accurately.
4,789 students enrolled

Accounting 101 - The Principles Of Accounting

The Easiest Course In Accounting!
4.5 (385 ratings)
Course Ratings are calculated from individual students’ ratings and a variety of other signals, like age of rating and reliability, to ensure that they reflect course quality fairly and accurately.
4,789 students enrolled
Created by Shakir Elahi
Last updated 5/2020
English
English [Auto]
Current price: $69.99 Original price: $99.99 Discount: 30% off
5 hours left at this price!
30-Day Money-Back Guarantee
This course includes
  • 1.5 hours on-demand video
  • 1 downloadable resource
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
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What you'll learn
  • Students will be able to classify the types of accounts
  • Students will be able to classify the types of transactions
  • Students will be able to understand debit & credit
  • Students will be able to pass Journal Entries
Requirements
  • You should be able to use the computer at a basic level
Description

Principles Of Accounting:

"Accounting 101 is Part 1 out of a series of Accounting Courses that are designed to help the complete beginner, go on to master the basics concepts of accounting and move on step by step to become a professional accountant!

The course is not just theory but also takes real life examples and walks you through the accounting process. It is meant for students who would like to grasp the accounting concepts in an easy and fun learning environment. 

This is a slow moving course. Please do not expect me to move fast since it is designed for the beginner student. Those students who are already aware of accounting concepts should take a more advanced level course instead.


Course Outline:

In this course we are going to learn about the basic accounting principles of:

  • Types Accounts,

  • What are Assets?

  • What are Liabilities?

  • What is Revenue?

  • What are Expenses?

  • What is Capital?

  • Types of Transactions, Cash or Credit?

  • Double Entry System

  • Rules for Debit & Credit

  • Passing Journal Entries / Posting Entries To The General Journal

Having completed the entire series students of the proper age would be able to take up entry level jobs as accountants, however students would have to practice these concepts again and again externally so that they can grasp real world applications quickly.


Other Courses:

The other parts of this Accounting Series are as follows:

Accounting 102 - The Ledger & The Trial Balance

Accounting 103 - The Special Journals & The Subsidiary Ledgers

Accounting 104 - Bank Reconciliation & Correction Of Errors

Who this course is for:
  • Anyone looking to learn Accounting as a beginner
  • Beginners Only... This is a slow paced course that teaches students who have no previous education in accounting principles.
Course content
Expand all 17 lectures 01:30:41
+ The Basics
10 lectures 42:19
What are Liabilities?
01:36
What are Expenses?
00:41
What is Capital?
10:27
Classification Of Accounts
7 questions
The Accounting Process
01:46
Types Of Transactions
04:54
Practice Types Of Transactions
06:31
Classification Of Transactions
5 questions
Double Entry System
08:56
+ The Journal
4 lectures 23:50
What is the Journal
02:08
The Journal Part 1 - Starting Entries
10:59
The Journal Part 2 - Sales & Sales Return
03:58
The Journal Part 3 - Cash Drawn
06:45
+ Conclusion & Practice Questions
2 lectures 19:14
Practice Question 1
10:37
Practice Question 2
08:37
+ Quiz To Test Your Knowledge
0 lectures 00:00
Accounting 101 Course Completion Quiz
9 questions