Professional Bookkeeping and Accounting 3: Double Entry

Professional Bookkeeping and Accounting 3: Double Entry

Professional Bookkeeping and Accounting 3 - Double Entry. A comprehensive course for those that need to record and account for transactions in a double-entry system.

In This Course, You Will Learn How To Record And Account For Sales, Purchase and Bank Transactions Using Double Entry Accounting.

Do you need to understand and record transactions using T accounts and double-entry? Can you prepare a Payable or receivables control account? Are you considering a career in Bookkeeping or Accounting? Are you studying for Professional Accounting or Bookkeeping exams? THEN REGISTER NOW

Course Overview

Section 1 of this course is an introduction section.  You will find details of the learning objectives, the activities and how to contact the instructor.

In section 2, we will learn about the accounting equation and double entry.  We will also prepare for T-accounts. From the activities, you will get the opportunity to

• Prepare double-entry transactions

• Prepare and record transactions in T-accounts

In section 3 we will record transactions from the sales day book and the sales returns day book to the Receivables control account, the general ledger and the memorandum ledgers.  From the activities, you will get the opportunity to

• Transfer sales and sales return transactions from the daybooks to the general ledger, memorandum accounts, and receivables control account

In section 4 of this course, we will record transactions from the purchase and purchase returns prime books to the Payable's control accounts, the general ledger and the memorandum accounts.  From the activities, you will get the opportunity to

• Transfer purchase and purchase returns transactions from the daybooks to the general ledger, memorandum accounts and payable's control account

In section 5 will record transactions from the bank and cash.  This will complete the receivables and payable's control account. After this we will look at closing the control accounts.

• Transfer the left and the right side of the cash books to the general ledgers

• Close the control accounts 

This course contains:

Activities are used throughout this course and the answer from one activity leads into a later activity.

Workbook to download

Certificate of Completion

REGISTER NOW and get started with Professional Bookkeeping and Accounting 3 - Double Entry!

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Your purchase is 100% RISK FREE with a 30 day money-back guarantee. If you don't learn anything new from this course, simply request a refund within your 30 day period for your money back, no questions asked.

A comprehensive course for those that require Double Entry Bookkeeping and Accounting skills

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What you will learn

• Explain how the accounting equation relates to double entry
• Work with T accounts
• Record sales and purchase transactions to the general ledger and memorandum ledger

Rating: 4.4

Level: All Levels

Duration: 1 hour

Instructor: Paula Guilfoyle CPA