Intro to T-Accounts, Debits and Credits, and Trial Balances
0.0 (0 ratings)
Instead of using a simple lifetime average, Udemy calculates a course's star rating by considering a number of different factors such as the number of ratings, the age of ratings, and the likelihood of fraudulent ratings.
0 students enrolled
Wishlisted Wishlist

Please confirm that you want to add Intro to T-Accounts, Debits and Credits, and Trial Balances to your Wishlist.

Add to Wishlist

Intro to T-Accounts, Debits and Credits, and Trial Balances

This course expands upon the accounting equation of Assets.
New
0.0 (0 ratings)
Instead of using a simple lifetime average, Udemy calculates a course's star rating by considering a number of different factors such as the number of ratings, the age of ratings, and the likelihood of fraudulent ratings.
0 students enrolled
Last updated 8/2017
English
Current price: $10 Original price: $75 Discount: 87% off
5 hours left at this price!
30-Day Money-Back Guarantee
Includes:
  • 2.5 hours on-demand video
  • 2 Articles
  • 2 Supplemental Resources
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
What Will I Learn?
  • Identify the classification of accounts and recognize how they are impacted by debits and credits.
  • Discover how to implement T-accounts and ledgers to perform transaction analysis.
  • Discover how to use journal entries to record transactions.
  • Recognize how to perform transaction analysis using journal entries.
  • Identify the steps of the accounting cycle.
View Curriculum
Requirements
  • No advanced preparation or prerequisites are needed for this course.
Description

In this course, the accounting equation of Assets = Liabilities + Shareholder Equity is expanded upon to understand how debits and credits are used to stay in balance.  Core accounting tools are presented, including t-accounts, ledgers, journals and trial balances. 

You will gain an understanding of how each of these tools interacts with one another and its distinct purpose in an accounting system.  There are many opportunities for hands-on practice in this course.

Who is the target audience?
  • Anyone interested in finance, accounting or related fields.
Compare to Other Accounting Courses
Curriculum For This Course
11 Lectures
02:32:02
+
Introduction
9 Lectures 02:31:59


Utilizing T Accounts
14:04

Exploring Journal Entries
09:56

Journal Vs. Ledger
09:42

Example: Posting Journal Entries to Ledger
06:25

Review of Journal Entry and Ledger Posting
04:47

Creating a Trial Balance
14:50

Transaction Analysis, T-Accounts, Debits and Credits, and Trial Balances
01:15:58
+
Supporting Materials
2 Lectures 00:02
Notes Template: Day to Day Transactions
00:01

Workbook: Day to Day Transactions
00:01
+
Review and Test
0 Lectures 00:00
Review Questions
5 questions

FINAL EXAM
8 questions
About the Instructor
Illumeo Learning
4.4 Average rating
322 Reviews
1,365 Students
242 Courses
Condensed and Efficient Courses for Busy Professionals

Illumeo, incorporated in 2009, is revolutionizing the hide-bound world of corporate learning. Illumeo works with corporate professionals and organizations of all sizes to build the skills and capabilities that help everyone be an expert at their job.

Based in Silicon Valley, CA, Illumeo serves thousands of corporations and corporate professionals across Finance, Accounting, Human Resources, Sales and Marketing. The platform offers assessments, industry-benchmarked competency analyses, hundreds of expert-developed courses, collaborative tools, and the ability for companies to self-publish internal courses that promote institutional knowledge retention and dissemination.

Illumeo is the place for expertise management and we are dedicated to the proposition that everyone can be an expert at their job.

Erik Slayter (Illumeo)
4.2 Average rating
13 Reviews
48 Students
11 Courses

Erik is currently an Accounting Professor at California Polytechnic State University in San Luis Obispo. Formerly, Mr. Slayter served as Division Controller for the San Luis Obispo County division of Waste Connections, Inc. (NYSE: WCN). Prior to Mr. Slayter’s work for Waste Connections, he was Controller and MIS Director for Waller Genetics, a leading horticultural research company based in Santa Barbara County, California. Mr. Slayter’s M.B.A. and degree in Accounting were both earned from California Polytechnic State University in San Luis Obispo. Mr. Slayter holds an active Certified Public Accountant license from the State of California. Mr. Slayter serves as founder and President of CCSoccer Corp., a non-profit recreational, adult soccer league. 

Experience

Professor : Cal Poly San Luis Obispo - [2003-01 to Current]

District Controller : Waste Connections - [2002-10 to 2008-09]

Controller : Waller Genetics - [1997-10 to 2001-09]

Accountant : Shilling & Kenyon Accountants - [1993-10 to 1997-10]

Accountant : KPMG - [1992-06 to 1993-10] 

Education

MBA, Business : California Polytechnic State University-San Luis Obispo - [2006 to 2008]

BS, Accounting : California Polytechnic State University-San Luis Obispo - [1988 to 1992]