Learning Outcomes

Accounting Equation and Transactions

Steps When Recording Transactions

Lesson Summary

This module introduces you to an account and the basic terminology, meaning, and accounting functions. In addition, you will learn about assets and liabilities and how to go about recording an accounting transaction.

Purchases and Sales - Credit vs Cash

Revenues and Expenses

Amortization and Discounts

This module will introduce you to what a transaction is and the different types of transactions in the double-entry accounting system. Additionally, you will learn about the different types, expenses and discounts that may affect an account.

Master the Double-Entry Accounting System - Assessment

Become an expert at the double-entry accounting system and reduce accounting errors with this free online course.

Master the Double-Entry Accounting System

This is an introductory course on how to use a double-entry accounting system. It highlights the advantages of using the system in an easy-to-follow manner. Do you struggle to balance your company’s books? Do you need assistance with fiscal reporting to deter fraud? Start this free accounting course today and find the solution to all your frustrating problems.

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