bookkeeping 101, bookkeeping overview, basics, and best practices

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bookkeeping 101, bookkeeping overview, basics, and best practices. accountants use the credits and debits recorded in ledgers or “books” prepared by bookkeepers to create a company’s financial statements. in this course, we walk you through the four key steps in the bookkeeping process: analyzing, recording, summarizing transactions, and preparing financial reports. we explain the components of a journal entry (debits and credits) and the essential questions a bookkeeper/accountant asks in reviewing those transactions. we also explain how accountants translate ledger information into financial statements, and the role of computer programs such as quicken in helping businesses manage their accounts.

video tutorial/course topics include: reviewing financial statements, analyzing transactions, categorizing transactions, recording a cash acquisition, recording the sale of goods or services, and posting journal entries to accounts.

Comments

John Holifield says:

I know others have asked this but visuals would be so appreciated to bring home the points you are making and make the learning experience more solid

Otherwise, I very much appreciate this

Wilma Fingerdo says:

Snorezville

Rich McCann says:

Informative, but it would be much more helpful to have examples, rather than just a checklist.

forrest luna says:

it would be great to be able to see samples of how the journal entries look, but overall an informative video. thank you!

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