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Introduction to Accounting
3,635 students
Introduction to Accounting
A beginner's guide to Accounting terminology and book-keeping
Created byMeenakshi Thiagarajan
Last updated 3/2022
English
What you'll learn
- Various types of accounts
- Recording transactions in the book of prime entry(Journal)
- Posting in the Ledger by opening an account
- Classifying transactions
- Closing and Balancing the accounts
- Preparing the trial balance
- Agreement of trial balance
- Rectification of Errors
- Suspense account
- Bank reconciliation statement
- Preparation of final accounts
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Course content
6 sections • 15 lectures • 1h 57m total length
Requirements
- Basic knowledge of various transactions involved in day to day life.
Description
Through this course, you will be able to
Account in a systematic manner
Apply the golden rules of book keeping
Analyse, record and ascertain profit or loss in doing a business
through clear explanations and solved examples.
Simple illustrations have been given to describe the journey of transactions from scratch to trial balance covering the steps in accounting from identifying and analyzing transactions to preparing an unadjusted trial balance.
Who this course is for:
- Anybody who is interested in learning to maintain accounts
- Be interested in learning the principles behind accounting