Accounting basics, create financial statements easily
Discover, develop, practice your financial information and explore the world of accounting
The course is very comprehensive as it takes you through its four sections into the world of accounting. It shows what bookkeeping is. The difference between accounting and reporting. The goals of bookkeeping, accounting and reporting. It also displays various accounting terminologies. It also develops your mathematical skills and how you can maximize your skills to perform accounting information efficiently. Understanding revenues, expenses and other income statements items is crucial to create an income statement easily. Realizing assets with its kinds current and non-current is the first step to create a balance sheet smoothly. Liabilities with their two kinds is the second step to set up your balance sheet. Finally, you study equity and how it contributes to shareholders.