Learn Basics of Accounting and Accounting for Beginners.
Begin your financial accounting education by learning how to read and analyze three key financial statements: the balance sheet, income statement, and cash flow statement.
Learn basic accounting skills. Accounting principles, Financial statements and book-keeping basics, Posting Journal Entries to the Ledger, Make Adjusting Entries, Prepare Financial Statements, Prepare the Trial Balance and Balance Sheet.
Golden Rules of Accounting
1) Debit what comes in - credit what goes out.
2) Credit the giver and Debit the Receiver.
3) Credit all income and debit all expenses.
Trial Balance:
Trial balance is a bookkeeping worksheet in which the balances of all ledgers are compiled into debit and credit account column totals that are equal
Balance Sheet :
A balance sheet is a financial statement that contains details of a company's assets or liabilities at a specific point in time.
Learn basic accounting skills. Accounting principles, Financial statements and book-keeping basics