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Master High School Accounting South Africa
Rating: 4.0 out of 5(1 rating)
1 students

Master High School Accounting South Africa

Transaction analysis and the Accounting equation
Last updated 7/2025
English

What you'll learn

  • How to break down and understand transactions.
  • How the Accounting Equation works.
  • What happens to accounts when something is bought or sold.
  • How to classify accounts and determine whether they increase/decrease
  • A gentle intro to how these transactions are recorded in the General Ledger.

Course content

6 sections • 11 lectures • 50m total length
  • Introduction1:27

Requirements

  • No prior Accounting knowledge needed

Description

This beginner-friendly course will help learners understand how everyday business transactions are recorded in accounting. Using easy to follow examples, different colors and practice questions.

  • This course explains how the Accounting Equation works with examples of how to take a transaction directly into the equation the right way.

  • This course also focusses on how to analyze transactions step-by-step with examples and 'every-time-questions' to get it right every time.

  • This course touches on the calculation of your selling price and cost price, which is always expected to pop-up during exams.

  • Also included is a short introduction to the General Ledger, preparing learners for the next stage in their accounting journey.

This course is aimed at learners in lower grades (8 and 9) in South Africa who has Accounting (EMS) as a subject at their school. Learners in higher grades could also benefit from this course to understand accounting better or just to revise. They will find this helpful if they struggle with year-end adjustments before the financial statements can be compiled correctly.

This course would also be helpful for

  • any individual who wants to broaden their knowledge

  • Beginners at their first job at an accounting firm, who wants to know a few basics before they start

Who this course is for:

  • Learners who are new to Accounting and want to build a strong foundation.
  • Grade 8 - 10 South African CAPS Accounting learners.
  • Students struggling with Accounting basics
  • Parents and tutors who want to support accounting learners.