Accounting Foundations: Bookkeeping

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LinkedIn Learning Review

Location

Online(Course Link)

Dates

On Demand

Course Categories

Business and Management

Certficate

Yes(Certificate of completion)

Language

English

Course Fees

US Dollar 15.94 (Check Course Page for Last Price)

No. of Attendant

Unlimited

Acquired Skills/Covered Subjects

  • Identify how a balance sheet reflects the accounting equation.,List the three things, in order, that you must address when making journal entries.,Name the account where debits are increases and credits are decreases.,Define a journal.
Provider Name LinkedIn Learning
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Website https://www.linkedin.com/learning/
About The Provider

LinkedIn Learning is an American website offering video courses taught by industry experts in software, creative, and business skills. It is a subsidiary of LinkedIn.

It was founded in 1995 by Lynda Weinman as Lynda.com before being acquired by LinkedIn in 2015.Microsoft acquired LinkedIn in December 2016.

Bookkeeping is about collecting information, recording events, and organizing those records to make better decisions. Accountants use the financial transactions recorded in ledgers or "books" to create a company's income statement and balance sheet. In this course, accounting professors Jim and Kay Stice walk you through the four key steps in the bookkeeping process: analyzing transactions, recording the effects, summarizing the effects, and preparing financial reports. They explain the components of a journal entry—debits and credits—and the essential questions a bookkeeper/accountant asks in reviewing those transactions. They also explain how accountants translate ledger information into financial statements and the role of computer programs in helping businesses manage their accounts.

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