Free
Principle of Accounting
The course covers essential accounting concepts, the accounting cycle, double-entry …
What you'll learn
Principles of Accounting is an introductory course that provides a strong foundation in the concepts, principles, and practices used to record, classify, summarize, and interpret financial transactions.
The course explains how accounting information is prepared and used to understand the financial performance and position of a business. Learners will develop practical skills in journal entries, ledgers, trial balances, financial statements, assets, liabilities, equity, revenue, and expenses.
Key Topics
Introduction to Accounting
Accounting Concepts and Principles
The Accounting Equation
Types of Accounts
Debit and Credit Rules
Journal Entries
General Ledger
Trial Balance
Cash and Bank Transactions
Accounts Receivable and Payable
Inventory Accounting
Adjusting Entries
Depreciation
Financial Statements
Closing Entries
Basic Financial Analysis
Accounting Ethics and Internal Controls