Financial Accounting-Debits & Credits-Accounting Transaction

Financial Accounting-Debits & Credits-Accounting Transaction, Includes downloadable e-book in multiple formats so you can open it on your tablet or Kindle -Formats (EPUB, MOBI, PDF).

What you”ll learn:

• Articulate Accounting’s Role: Define the impact of accounting in business decisions and financial management.
• Assess Accounting Ethics: Evaluate ethical principles and professional standards in accounting.
• Utilize Accounting Equation: Apply the accounting equation in various financial scenarios.
• Critique Financial Statements: Analyze balance sheets, income statements, and cash flow statements.
• Contrast Accounting Methods: Differentiate between accrual and cash methods of accounting.
• Exhibit Revenue Recognition: Demonstrate understanding of revenue recognition principles.
• Illustrate Expense Recognition: Show proficiency in principles of expense recognition.
• Record Financial Transactions: Accurately record diverse financial transactions.
• Apply Debits and Credits: Use debits and credits in a range of account types.
• Manage Cash Transactions: Record cash transactions, showcasing their impact.
• Organize Receivable/Payable Transactions: Manage accounts receivable and payable effectively.
• Demonstrate Ledger Operations: Illustrate the role of general ledger in consolidating financial data.
• Solve Accounting Problems: Evaluate and solve complex accounting problems.

Description

Includes downloadable e-book in multiple formats so you can open it on your tablet or Kindle – Formats (EPUB, MOBI, PDF).

Accounting Instruction Reference #100 is a book that sells on Amazon and is available in Kindle, Paperback, and audiobook format. Often times when we receive a book that is published on Amazon it is exciting until we find it is only in PDF format. The e-book we provide is in a format you can use on a tablet and Kindle.

Accounting core concepts will be covered, foundational accounting skills needed for all levels of accounting including the accounting terms, the double entry accounting system, and recording transactions using both the accounting equation and debits and credits. 

These are the accounting fundamentals which most accounting courses spend far too little time on. The better we understand these accounting foundation topics, the better we will do in all accounting concepts.

Like practicing catch or going over those musical scales, practicing the accounting fundamentals is time well spent for beginners as well as experienced accountants. We are never too smart to practice the accounting fundamentals. This course will thoroughly cover the fundamentals and will provide a foundation for learning concepts that limit the likelihood of learning rules that do not always apply. 

We also offer practical practice problems in Excel, along with step by step instructional videos to walk you through an example problem. Learning basic concepts in Excel while learning accounting concepts will advance our ability to learn both topics much faster. We will only cover very basic Excel tops, using step by step instruction, including learning how Excel names cells, how to add and subtract in Excel, and how to use the sum function. 

This course will provide much more structure to the journal entry process than most courses, including a detailed step by step process for thinking about how to construct financial transactions. This process will eliminate the problem of getting stuck and not knowing how to move forward. The process will also help us understand the transactions we are recording and eliminate the problem of learning concepts that do not apply in all circumstances. 

I am available for questions throughout the course. I have been teaching and working in accounting for a long time, have a lot of experience breaking down concepts, and enjoy working with new people. 

Please join us in learning financial accounting concepts