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Coupon Online Course Details
Financial Accounting-Accounting Cycle, complete financial accounting cycle recording transactions, entering adjusting entries, creating financials & Closing
Created by Robert (Bob) Steele
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What Will I Learn?
- We will discuss what accounting is and whey is it used
- We will learn accounting concepts including accrual accounting, the revenue recognition principle, and matching principle
- We well learn to record transaction using the accounting equation
- We will record transactions using debits and credits
- We will describe the adjusting process
- We will discuss the categories of adjusting entries
- We will create an adjusting entry worksheet
- We will enter adjusting entries
- We will create the financial statements from the adjusted trial balance
- Describe what the closing process is
- Perform closing process in one step
- Perform closing process in two step
- Perform closing process in four steps
- Prepare a post closing trial balance
Requirements
- None
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