Recording, Posting, and Balancing the Books
9 Videos | 25m 30s - Includes Assessment
- Earns a Badge
If your organizational role is related to accounting or finance, you’ll most likely need solid financial acumen and a strong grasp of the accounting basics of recording, posting, and balancing your organization’s books. In this course, you’ll learn financial essentials related to bookkeeping, such as the steps in the accounting cycle that happen after transactions have been identified and analyzed. You'll learn how to carry out vital financial management activities, including how to make general and special journal entries, and how to post those transactions to accounts in the general and subsidiary ledgers. You'll also learn how to prepare trial balances and make adjusting entries.
WHAT YOU WILL LEARN
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recognize the columns that need to be completed when making a general journal entry
recognize descriptions of commonly used special journals
recognize the order in which accounts are typically organized in a general ledger
distinguish control accounts from subsidiary ledgers -
sequence the steps for posting from special journals to ledgers
sequence the steps for preparing a trial balance
recognize key characteristics of types of trial balances performed within the accounting cycle
sequence the steps for adjusting an entry
IN THIS COURSE
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1.Recording, Posting, and Balancing the Books34sUP NEXT
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2.Making General Journal Entries3m 9s
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3.Special Journals2m 47s
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4.General Ledgers2m 22s
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5.Subsidiary Ledgers2m 23s
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6.Posting Transactions to Ledgers2m 6s
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7.Preparing a Trial Balance2m 38s
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8.Types of Trial Balances2m 37s
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9.Adjusting Entries2m 54s
EARN A DIGITAL BADGE WHEN YOU COMPLETE THIS COURSE
Skillsoft is providing you the opportunity to earn a digital badge upon successful completion of this course, which can be shared on any social network or business platform
Digital badges are yours to keep, forever.
