Accounting Basics

Accounting Basics

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Accounting Basics Try this course with a
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Introduction to Accounting
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What is Accounting
Essential Accounting Terms
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Accounting Elements
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Assets: Company Resources with Value
Liabilities: Company Debts
Owner's Equity: The Owner's Share
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Financial Statements
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Balance Sheet: A Financial Snapshot
Income Statement: Revenue and Expenses
Cash Flow Statement: Money Movement
Accounting Methods
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Accounting Principles
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Double-Entry Bookkeeping (Debits & Credits)
Depreciation
Revenue Recognition
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Transactions and Records
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Invoices
Receipts
Expenses
Accounts Payable
Accounts Receivable
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Special Acccounting Considerations
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Payroll
Cost of Goods Sold & Inventory
Taxes
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Essential Accounting Tools
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Choose Accounting Software
Bank Reconciliation
Basic Audits