Accounting transforms business transactions into intelligible information needed by various stakeholders in making decisions. While most business transactions are complex, learners must first develop a thorough understanding of the basic accounting principles that underpin these complex transactions. Learners must also know the different accounting procedures and unique features applied to sole proprietorships, partnerships and corporations.
This course equips the learners with a thorough review of accounting: analysis of business transactions, accounting equation, journalizing, posting, generation of trial balance, adjusting entries, financial statements and accounting for the formation and operation of a partnership and a corporation.
The Accounting Cycle
Preparing Financial Statements of Service Entity
Preparing Financial Statements of Merchandising Entity
Preparing Financial Statements of Manufacturing Entity