Requirements
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No prior knowledge needed. All you need is a desire to learn!
Description
In this course you will learn bookkeeping and accounting basics. By the end of this course, you will have a solid understanding of the main accounts in bookkeeping and accounting, the different financial reports, and I will show you step-by-step how to do bookkeeping and accounting.
You will learn:
- Debits and Credits
- Preparing a Bank Reconciliation
- Preparing Balance Sheet and Income Statement
- Accounts Receivable and Accounts Payable
- Month-end or Year-end Accruals
- Mortgage or Loan amortization
- Recording Amortization (Depreciation) of Tangible Capital Assets
- Recording Term Deposits, and Interest Received from Term Deposits or GIC’s
- Recording Investments, Dividends & Interest Received from Investments
- Recording a Return of Capital from an Investment
- Adjusting an Investment to Fair Market Value
- Recording Dividend Payments to Shareholders
- Closing Dividends into Retained Earnings
- Writing-off Bad Debts
- Setting up Allowance for Doubtful Accounts
- Setting up Accounting Software
- Getting Started with Accounting Software
- Trial Balance
- Examples of the most common daily bookkeeping journal entries
- And much more!
Register for this course now!
Who this course is for:
- Beginner bookkeeping students
- Beginner accounting students