Accounting 105 - Profit & Loss Statements & Balance Sheets
Easiest Way To Create & Understand Profit & Loss Statements and The Balance Sheet - Step by Step Approach!
Description
"Accounting 105 is the 5th and Last Part out of a series of Accounting Courses that are designed to help the complete beginner, go on to master the basics concepts of accounting and move on step by step to become a professional accountant!
Students can further their knowledge of key accounting concepts which they can use in their full time employment goals or even can use this series to pick up freelance jobs to earn passive income by maintaining/completing book keeping entries for others via freelance websites
The course is not just theory but also takes real life examples and walks you through the accounting process. It is meant for students who would like to grasp the accounting concepts in an easy and fun learning environment.
This is a slow moving course. Please do not expect me to move fast since it is designed for the beginner student. Those students who are already aware of accounting concepts should take a more advanced level course instead.
Course Outline:
In this course we are going to learn about the basic accounting principles of:
- Calculating Sales & Net Sales
- Calculating Purchases & Net Purchases
- Finding the Cost of goods sold
- Calculating the Gross Profit
- Calculating the Net Profit
- Creating the Profit & Loss Statement
- Creating the Profit & Loss Statement with year end adjustment entries
- Current Assets vs Non-Current Assets
- Creating the Balance Sheet From Scratch
- Using and building a template to create P&L Statements and the Balance Sheet
- Solidify your knowledge through Practice Questions and check your answers
Post a Comment
Post a Comment