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Accounting for sole trader
Rating: 4.6 out of 5(7 ratings)
665 students

Accounting for sole trader

Learn how to prepare sole trader final accounts
Last updated 6/2024
English

What you'll learn

  • Income statement/SPL Proforma
  • Balance sheet/SOFP proforma
  • Examples of income statements and Balance sheet (SPL/SOFP)
  • Practice of SPL and SOFP
  • COGS in Trial balance
  • Test your learning

Course content

1 section6 lectures1h 23m total length
  • SPL/Income statement proforma8:08
  • Balance sheet/SOFP proforma7:55

    Learn how to construct a balance sheet proforma by classifying assets (non-current and current), accounting for depreciation, calculating net current assets and net assets, and balancing to capital.

  • Examples of SPL & SOFP14:51
  • Further practice of SPL and SOFP29:18
  • COGS in Trial balance1:16
  • Test your learning22:15

Requirements

  • Prior knowledge of bookkeeping is desirable
  • access to internet

Description

Learn about income statement/statement of profit & loss, Balance sheet/Statement of financial position of Sole trader from this online course , get a certificate at the end of the course, boost your CV & exam confidence. Free accounting course included.

This course is will help you to pass AAT level 2 & 3, CAT, ACCA, AQA A level & IGCSE accounting exam as well as other professional & academic exams.

The course is developed with years of research , guided by a Chartered Accountant & experienced UK lecturer.

You may claim CPD hours after course completion.


"Your tutor is here to help mastering Financial statements of sole trader"

Master your Income statement & Balance sheet knowledge with the help of expert tutor on demand. Watch our tutorials from your classroom at your own flexibility, practice & gain exam confidence.


Quality education at an affordable price.

A must do course for AQA A level/IGCSE Accounting, AAT,ACCA, FIA, CIMA,ICAEW & University 1st year Accounting students


Career path

Helps in working as:

  • Finance officer

  • Bookkeeper

  • Junior accountant

  • Trainee accountant

  • AAT students to chartered


Who is this course for?

  • IGCSE/ O level students

  • A level students (AQA, OCR,CAIE,EDEXCEL accounting)

  • AAT level 2 & 3

  • Bookkeepers

  • Job seeker in accounting & bookkeeping

  • HND, HNC & other university accounting 1st year students

  • Financial accountants

  • A sole trader wants to know how accounts are made

Who this course is for:

  • IGCSE/ O level students
  • A level students (AQA, OCR,CAIE,EDEXCEL accounting)
  • Job seeker in accounting & bookkeeping
  • AAT level 2 & 3
  • HND, HNC & other university accounting 1st year students
  • A sole trader wants to know how accounts are made
  • Bookkeepers