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Updated in [July 18th, 2023]

This course, Learn Accounting, provides an overview of the basics of financial accounting. Participants will gain an understanding of the difference between management accounting and financial accounting, as well as the definition of assets, liabilities, and equity. Additionally, the course will cover source documents, journals, and ledgers, as well as the basics of double entry bookkeeping, how to record transactions in ledger accounts, and how to balance ledger accounts. Furthermore, the course will explain the meaning and purpose of a Trial Balance, how to prepare a Trial Balance, and errors that affect and those that do not affect the Trial Balance. By the end of the course, participants will have a comprehensive understanding of the fundamentals of financial accounting.

Course Syllabus

Introduction to Accounting

Business Documents, Journals & Ledgers

Double entry Bookkeeping

Double Entry Continued...

The Trial Balance

The trial balance & errors