73 pages [29 self-teaching + 44 self-quizzes with detailed answers]
Master double-entry bookkeeping/accounting in one short sitting —around 2 hours.
Ideal before you start any accounting course, for on-the-job training or to nail down a skill you may feel insecure about.
Section 1: How a business keeps track of its money. How bookkeeping measures every item and activity in dollars. The “chart of accounts” made easy. Self-quiz makes sure you really know it.
Section 2: Every transaction affects two or more accounts. When you buy a car your Asset—Car account goes up, but your Cash account goes down. When you buy an ad in the local paper, your Advertising Expense account goes up, but so does your Accounts Payable (bills that are payable later). Filled with examples. Double- quiz lets you practice as if you were on the job.
Section 3: Recording journal entries. Pick up the simple rules of double-entry bookkeeping. Which amounts go in which accounts and how to show this. Filled with examples. Double-quiz lets you practice until you know it cold.
Section 4: The general ledger accounts. Shows you what a ledger account looks like on a computer v. on paper. Explains how journal entries you learned go into the accounts. Now learn how to quickly find and retrieve financial information from the accounts—such as:
- your company’s cash balance
- your company’s sales for any month
- which bills your company has paid or not paid
And other financial information. Double-quiz lets you practice finding and retrieving financial information fast!
Section 5: The income statement and balance sheet. Snapshot of the financial statements and how they are compiled from the general ledger accounts.
Section 6: The accounting cycle. An overview of the accounting process from start to finish.
Publisher: AIPB
SHAMEKA –
Has a new Bookkeeper the material was very informative.I will be ordering more material
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
MAGDY –
A good elementary course
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
KATHLEEN –
I thought the course was a good review if you were already trained in double-entry bookkeeping. That said, I think the course would be better if it included additional basic/introductory lessons to help those whose first training was 30 years ago.
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
DIANA –
Easy a review of pass education
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
CAREN –
I wish we have more practices/questions for better grasp or understandings of each subject.
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
DORIS –
Helpful.
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
CHLOE –
This is a wonderful introduction to the basics of bookkeeping. It’s quick and easy to complete. I would have liked to see more explanation given to the books of prime entry.
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
IGNACIO –
It is a good source for one that had previousely contact with bookkeeping. I liked it and am now learning adjusting entries, which I also enjoy.
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal