Recording, Posting, and Balancing the Books
Everyone
- 9 videos | 21m 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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34s
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3m 9s
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3. Special Journals2m 47sIn this video, you will learn how to identify descriptions of commonly used special journals. FREE ACCESS
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4. General Ledgers2m 22sLearn how to recognize the order in which accounts are typically organized in a general ledger. FREE ACCESS
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5. Subsidiary Ledgers2m 23sIn this video, you will learn how to distinguish between control accounts and subsidiary ledgers. FREE ACCESS
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6. Posting Transactions to Ledgers2m 6sDuring this video, you will learn how to sequence the steps for posting from special journals to ledgers. FREE ACCESS
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7. Preparing a Trial Balance2m 38sDiscover how to sequence the steps for preparing a trial balance. FREE ACCESS
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8. Types of Trial Balances2m 37sIn this video, you will learn how to recognize key characteristics of types of trial balances performed within the accounting cycle. FREE ACCESS
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9. Adjusting Entries2m 54sDuring this video, you will learn how to sequence the steps for adjusting an entry. FREE ACCESS
EARN A DIGITAL BADGE WHEN YOU COMPLETE THIS COURSE
Skillsoft is providing you the opportunity to earn a digital badge upon successful completion on some of our courses, which can be shared on any social network or business platform.
Digital badges are yours to keep, forever.
