Accounting 1

This is a 4-part course to help learners familiarize themselves with Accounting as a career option. Part 1 explores accounting principles and equations. Lessons explore the steps of the accounting cycle and provide examples of preparing ledger accounts. Accounting practices for trading businesses vs. service businesses are also covered.

Lessons include:

• What Is Accounting
• Accounting Principles
• The Fundamental Accounting Equation
• Trading Versus Service Business
• The Accounting Cycle
• The Journal
• The Ledger and the Trial Balance