Wouldn’t it be great if learning basic cash & receivables accounting was fast and easy?
That’s what this course is all about. This course offers students, business owners, and bookkeepers resources that help you master basic cash & receivables accounting. The course offers bite-sized video lessons along with a course handout. Color-coded visuals, simple illustrations, and step-by-step walkthroughs help you master the concepts quickly and easily.
Please feel free to post a comment or question, and I’ll be happy to respond. Hope you enjoy the course!
At the end of the course, you will be able to…
Understand the purpose of accounting for cash
Understand instruments defined as cash
Understand where cash is reported in the financial statements
Prepare a bank reconciliation
Describe accounts receivable
Describe Bad Debt Expense
Describe Customer account write-off
Account for accounts receivable upon sales of goods & services
Describe where receivables are reported in the financial statements
Account for uncollectible accounts using the Direct Write-off Method
Account for uncollectible accounts using the Allowance Method
Understand the allowance method equation for net realizable value
Calculate estimated uncollectible accounts using the Percentage of Sales Method
Calculate estimated uncollectible accounts using the Aging Method
Record the write off of uncollectible accounts using the allowance method
Logan is a University Accounting Professor who makes basic accounting easy to learn. Certified Public Accountant (CPA; License AC 47891), Certified Internal Auditor (CIA; License 139167), Certified Management Accountant (CMA; License 48704). Bachelor’s of Accounting and Master’s of Accounting from the University of North Florida’s AACSB Accredited College of Business. Nine years of accounting and auditing experience. Extensive experience preparing and analyzing financial statements and underlying financial information. Broad experience auditing company financial statements for conformity with applicable financial reporting standards — evaluating audit evidence, performing analytic and detail tests on account balances, and evaluating test results in support of audit reports. In both the public and private sectors, he has enjoyed clarifying and simplifying business information.
Logan’s Accounting in 38 Minutes course offers a short series of bite-sized video lessons along with a course handout. In just 38 minutes, color-coded visuals, simple illustrations, and step-by-step walkthroughs help you master basic accounting.
Since information is power, Logan’s courses are taken at your own risk. He will not be liable for any of your future success.