Financial Accounting : Learn the Basics of Debits & Credits

Partner: Udemy
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Description: Welcome and thanks for visiting this course!This course is designed to provide individuals with a comprehensive understanding of the fundamental principles and concepts of accounting, aimed at building a solid foundation in the field.Do you struggle to create balance sheet or income statement? Do you struggle to understand the different types of GL Accounts and what account to debit or credit in an accounting transaction? Well, if the answer is yes, then you are at the right place. Starting from the building solid foundation of accounting, which is what this course is about, we will go to the advance accounting throughout my different level of courses.Throughout this course, you will embark on a journey that covers the essential elements of accounting, enabling you to develop a strong understanding of financial transactions with a detailed explanation of debits and credits, different types of GL Accounts and recognizing them in the financial transactions, and the overall recording and reporting processes. You will explore topics such as the accounting equation, double-entry bookkeeping, the classification and analysis of assets, liabilities, equity, expense and revenue as well as the exceptional introduction of revenue recognition and expense allocation (such as depreciation).Through a combination of theoretical knowledge and practical examples, you will gain hands-on experience in applying accounting principles to real-world scenarios. You will learn main Accounting Concepts, Principle of Double Entry and applying this to different type of GL Accounts, the application of Debit and Credit on different types of GL Accounts, General Journal, Posting the Journal Entries (Accounting Transaction) to GL Accounts, Balancing of GL Accounts, Subsidiary Books and Trial Balance.By the end of this course, you will have a strong foundation in accounting, allowing you to confidently navigate the world of financial accounting. Whether you plan t
Category: Finance & Accounting > Accounting & Bookkeeping > Accounting
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Price: 109.99
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Source: Impact
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