Recording in Journals & Posting in Ledgers
- 4.7
Course Summary
Learn how to record business transactions effectively with this course. Gain knowledge on the basics of accounting and bookkeeping and understand how to create financial statements to make informed business decisions.Key Learning Points
- Understand the basics of accounting and bookkeeping
- Learn how to record business transactions using a journal and ledger
- Create financial statements to understand the financial health of a business
Job Positions & Salaries of people who have taken this course might have
- Bookkeeper
- USA: $42,000 - $52,000
- India: ₹2,00,000 - ₹4,00,000
- Spain: €18,000 - €22,000
- Accounting Clerk
- USA: $32,000 - $40,000
- India: ₹1,50,000 - ₹3,00,000
- Spain: €14,000 - €18,000
- Financial Analyst
- USA: $60,000 - $80,000
- India: ₹3,50,000 - ₹7,00,000
- Spain: €24,000 - €30,000
Related Topics for further study
Learning Outcomes
- Understand the fundamentals of accounting and bookkeeping
- Learn how to record business transactions correctly
- Create financial statements to make informed business decisions
Prerequisites or good to have knowledge before taking this course
- Basic understanding of business
- Basic math skills
Course Difficulty Level
BeginnerCourse Format
- Online
- Self-paced
- Video lectures
Similar Courses
- Financial Accounting Fundamentals
- Introduction to Bookkeeping
Related Education Paths
Notable People in This Field
- Dave Ramsey
- Suze Orman
Related Books
Description
This course covers the basic procedures involved in recording financial entries in Journals and Ledgers. Upon completing this course, you will be able to analyze and record various business transactions. You will also learn about the accounting cycle, posting transactions, accrual accounting, and cash accounting. You will also have the opportunity to practice these skills through a series of activities that provide real world experience.
Outline
- Recording Transactions in the General Journal
- Recording Transactions in the General Journal
- Recording Transactions in the General Journal Walkthrough
- Activity Walkthrough
- Recording Transactions Activity
- Supplementary Readings
- Recording Transactions Practice Assessment
- Recording Transactions Assessment
- Posting Transactions for the General Journal to the Ledger
- Posting Transactions from the General Journal to the Ledger
- Posting Transactions Walkthrough
- Activity Walkthrough
- Posting Transactions Activity
- Supplementary Readings
- Posting Transactions Practice Assessment
- Posting Transactions Assessment
- The Trial Balance & Correcting Entries
- The Trial Balance & Correcting Entries
- Creating a Trial Balance
- Activity Walkthrough
- Trial Balance Activity
- Supplementary Readings
- Trial Balance Practice Assessment
- Trial Balance Assessment
- Accrual Accounting vs. Cash Accounting
- Accrual Accounting vs. Cash Accounting
- Accrual vs. Cash Accounting Examples
- Activity Walkthrough
- Accrual Accounting Activity
- Supplementary Readings
- Accrual Accounting Practice Assessment
- Accrual Accounting Assessment
Summary of User Reviews
Learn how to record business transactions with this comprehensive online course. Users have praised the course for its in-depth and practical approach, resulting in an overall positive rating. Many users found the course to be particularly useful for understanding the fundamentals of accounting.Key Aspect Users Liked About This Course
Fundamentals of accountingPros from User Reviews
- Comprehensive and practical approach
- Clear explanations of complex concepts
- Good pace and structure of course content
- Engaging and knowledgeable instructors
- Great for beginners and those with some accounting knowledge
Cons from User Reviews
- Some users found the course content too basic
- Lack of interactivity and hands-on exercises
- No option for personalized feedback on assignments
- Limited discussion forum participation by instructors
- Occasional technical issues with video and audio