This course focuses primarily on journal entries that can be viewed graphically to help you obtain a mental picture of the process. This mental picture is what I believe to be the key to unlocking the mystery behind the double-entry accounting system!
Understanding debits and credits should be a real challenge if you are new or fairly new to accounting. But understanding how to journalize transactions does not have to be a hassle. Having been an accounting tutor and instructor for over ten years, I've come to understand the basic needs of others like you who wish they had a better way of understanding which accounts to debit and which ones to credit. Some of the related questions I come across include the following:
Following the simple steps I've outlined for you here should give you a head start over those who may still be thinking of recording journal entries the old-fashioned way, without the teeter totter in mind.
- Twenty years of accounting and managerial experience
- Three years experience in auditing
- Over ten years experience teaching accounting online
- Author of the book Simple Accounting 4.0 Accounting GPA
Keen sense for accounting and balancing debits and credits. In the recent past, I have been self employed doing bookkeeping, taxes and payroll for small companies.
Awards and Publications: BS, Accounting - 1987 AS, Accounting - 1985 Tax Consultant - 1985 Author – Simple Accounting (Publisher: Author house)
Board Games: The Accounting Game
Century Teacher Award: UniversalClass Millennium Educator Award: UniversalClass
Fluency in French and Spanish
Jersey City State College (Accounting)