
Record a cash capital investment of 1,000 using double-entry in ledger accounts; debit cash (asset) and credit capital, with the description showing the counter account.
Explore how the income statement lists sales, subtracts cost of sales and expenses, adds other income, and shows net profit or loss after tax for a period.
Create an alternative income statement in Excel, recording revenue and gains, subtracting expenses and losses to reveal profit or loss, with conditional formatting and a financial position statement.
Develop an expense chart in Excel using a 3d pie chart, move it to a new worksheet, and refine data labels to show percentages, including the advertising cost of 5000.
This course is designed to teach anyone who enroll to develop an Accounting Template on their own. Course will Start with the discussion of, Basic Accounting Principles So the follower of the Course will have Basic idea about the Accounting Concepts which will be useful in the creation of the Accounting Template.
Then Instructor will explain step by step how to develop an Accounting Template Starting from drawing Ledger Accounts to setting up Outputs such as Income Statement and Statement of Financial position.
Most attractive feature of the target Accounting Template is that it is a life time template without any maintenance and upgrade cost you can use over and over without any additional cost, so why pay more for Accounting software’s when you can develop your own Accounting Template which you customize based on your preferences and needs.
Template is set in Such a way once you input transactions in Ledger Accounts and Link with Trial Balance Template will generate Income Statement and Statement of Financial Position and Linked Charts, in next accounting period all you have to worry about new transactions which need new accounts but with the knowledge of Basic Accounting principle user will able to link new accounts.
This course will be a Three in one Package since user will have a self-developed Accounting Template and will have a knowledge about Basic Accounting Principles and Excel tricks related Accounting Template.
So enroll and develop your own Accounting Template and be your Own Accountant…..
Good Luck…