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The Quick and Easy Way to Learn Accounting-Bookkeeping
Rating: 3.4 out of 5(88 ratings)
2,682 students

The Quick and Easy Way to Learn Accounting-Bookkeeping

How to Understand the Basics of Accounting and Bookkeeping
Created byDeyan Arnaudov
Last updated 10/2025
English

What you'll learn

  • Accounting basics
  • Bookkeeping basics
  • Debits and credits, adjusting of entries-accruals and prepayments
  • Day books, ledgers, profit and loss, balance sheet
  • Posting of transactions
  • Trial balance

Course content

1 section18 lectures1h 1m total length
  • The Accounting Cycle13:05

    This overview short accounting course, will give you an introduction to the basics of Accounting, what Accounting and Bookkeeping are, and how Accounting work as a system.

  • Description of Accounting
  • Debits=Credits2:31
  • Debits=Credits?
  • Source Documents4:19
  • What are Some of the Source Documents called?
  • Sales Day Book3:10
  • What is the Sales Day Book
  • Sales Returns Day Book3:04
  • Purchase Day Book2:22
  • What is a Purchase Day Book
  • Purchase Returns Day Book2:19
  • General Journal2:45
  • What is a General Journal
  • Posting of Transactions1:30
  • What is Posting of Transactions
  • Balancing of Accounts2:04
  • Balancing of Accounts
  • Trial Balance2:21
  • Trial Balance
  • Adjusting of Entries - Accruals and Prepayments5:21
  • Sales Ledger2:21
  • Sales Ledger Quiz
  • Purchase Ledger2:17
  • Purchase Ledger Quiz
  • General Ledger2:00
  • General Ledger Quiz
  • Suspense Account-Error Correction2:17

    Learn what the Suspense Account is, and why it is used in Accounting.

  • Suspense Account and Error Correction Quiz
  • Profit and Loss Account3:55
  • Profit and Loss Account Quiz
  • Balance Sheet3:28
  • Balance Sheet Quiz

Requirements

  • You do not need to have previous knowledge of Accounting! You level of English language knowledge, must be on a good level, for you to understand the lessons.

Description


Why take this course? Because it will help you to learn, understand and use correctly, the fundamentals of Accounting and Bookkeeping!

This free short course is for you, if you are a beginner in Accounting and Bookkeeping, if you are a student of Accounting, or if you are a businessman. This course, will help you to become a better Accountant, Bookkeeper, or a Businessman.

By studying each of the lectures in this course, one by one, they will will give an idea, of how Accounting and Bookkeeping work as a system, as one whole unit. That will help you become better at using Accounting and Bookkeeping for studying at college, for your own business, or as a person, having an Accounting and Bookkeeping practice.

The course will help you to get an overview, of most of the basic and fundamental topics and principles of Accounting and Bookkeeping. Do not worry if you do not have previous knowledge of Accounting! That is why the course was created, to give you an idea, what Accounting and Bookkeeping are all about, without bothering you, with too much detail!

The course is short, only about 1 hour, but will help you to grasp and understand how Accounting works as a system, as a process of steps, which are related to one another.


The course is created by a qualified Financial Accountant, who has experience of teaching Accounting online.

There is a quiz, included after some of the lectures.




Some of the Accounting topics you will learn are:


  • accounting cycle

  • debits and credits

  • accruals and prepayments

  • sales and purchase day books

  • cash book

  • petty cash book

  • general journal

  • posting of transactions

  • trial balance

  • profit and loss account

  • balance sheet

  • more...




If you decide to take this free course, before you start delving deeper into all those, sometimes seemingly confusing Accounting and Bookkeeping details, it will help you to get the understanding of what Accounting is, how its works as a whole, and why it is the language of business. Enjoy!

If you are interested in a more in depth and details explanation of Accounting and Bookkeeping, please visit my other course of Accounting and Bookkeeping Fundamentals.


Who this course is for:

  • Beginners learners of Accounting, students of Accounting, businessmen