Accounting Entries for Beginners

Accounting Entries for Beginners

$8.33
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Accounting can be overwhelming! Master it in just 2 simple principles and 3 key steps. Gain confidence in your understanding of how business transactions are translated into accounting records. The average retail price of the course is US$250.

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This Course Is Part of the GnowbeLearn™ General Subscription!
 

Starting at $8.33/month (billed annually)
Monthly plan available at $9.99/month

Includes:

  • Beginner Level

  • Group Discussions & Sharing

  • Offline Access

  • Lifetime Access via Mobile and Web

  • Digital Certificate shareable on LinkedIn

 

What is this 'Microlearning Course' about?

Accounting entries lay the foundation for the preparation of Financial Statements. Many find this area of work difficult, but it is the outcome of 2 simple principles and 3 key steps. Let this interactive module help you gain confidence in your understanding of how business transactions are translated into accounting records. Increase your work effectively as you gain mastery of the language of business also known as accounting.

Who is this course designed for?

The course helps participants to appreciate the basic knowledge of accounting entries.

What will you take away?

At the end of this whole course, you should be able to:

  • Define and describe the nature of accounting.

  • Understand the accounting process.

  • Explain the main purpose of accounting.

  • Define the terms: assets, liabilities, owner’s equity, revenue, and expense.

  • Explain the basic accounting equation with its 5 basic elements.

  • Understand the effects of transactions on the accounting equation/balance sheet.

  • Appreciate the basic debit and credit rules in accounting.

  • Explain the principle of Accounting entity

  • Explain the double entry principle

 

Accredited by Temasek Polytechnic

Beyond their core business of conducting full-time courses for students, Temasek Polytechnic is also committed to the practical re-skilling and professional development of adult learners. They believe in helping individuals and organisations equip themselves with the necessary skills to meet the challenges of a dynamic economy.