[Udemy 100% Free]-Introductory Financial Accounting-A Simplified Approach - 100% Free Udemy Discount Coupons For Online Courses


Friday, March 8, 2019

[Udemy 100% Free]-Introductory Financial Accounting-A Simplified Approach

[Udemy 100% Free]-Introductory Financial Accounting-A Simplified Approach

This course is designed to develop and enhance the accounting knowledge and skills of students.

Students will be introduced to important accounting concepts and learn a range of accounting skills which include:
1. Classifying and analyzing transactions
2. Preparing general journal entries
3. Posting journal entries to the general ledger accounts
4. Preparing a trial balance
5. Preparing a profit/loss statement
6. Preparing a balance sheet
7. Preparing a cash flow statement
  • Students can successfully complete this course with minimal or no prior knowledge of accounting.
  • Understanding and application of basic maths is recommended.
  • A calculator, pen and writing paper are required.
  • Students will learn about the accounting equation and all the components which make up the accounting equation such as assets, liabilities, equity, capital, drawings, profit, revenue and expenses
  • Students will learn the double-entry rules of accounting and how to apply the rules to classify and record transactions.
  • Students will also learn how to record transactions using the general journal and general ledger.
 The course structure is as follows:-
Section 1-introduction

Section 2-accounting concepts

Section 3-accounting equation

Section 4-double-entry rules of accounting

Section 5-transaction analysis

Section 6-general journal entries

Section 7-general ledger accounts

Section 8-trial balance

Section 9-profit and loss statement

Section 10-balance sheet

Section 11-cash flow statement

Section 12-practice quiz 1

Section 13-assignment-calculate monthly profit

Section 14-practice example 1 Mary’s tuition service

Section 15-practice example 2 Albert’s car wash

Section 16-accounting for merchandise businesses

Section 17-practice example 3 Jane’s perfume shop

Section 18-GST transactions

Section 19-practice example 4 Harry’s stylish hairdressing

Section 20-course review practice example 5 J&J gourmet chocolates Pty Ltd

Section 21-course review

Section 22-course review quiz

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