Intro to T-Accounts, Debits and Credits, and Trial Balances
- 4.4
Brief Introduction
This course expands upon the accounting equation of Assets.Description
In this course, the accounting equation of Assets = Liabilities + Shareholder Equity is expanded upon to understand how debits and credits are used to stay in balance. Core accounting tools are presented, including t-accounts, ledgers, journals and trial balances.
You will gain an understanding of how each of these tools interacts with one another and its distinct purpose in an accounting system. There are many opportunities for hands-on practice in this course.
Requirements
- Requirements
- No advanced preparation or prerequisites are needed for this course.