Journal Entries
What you will learn
Understanding what is Accounting?
To understand the Double Entry Book Keeping System
To understand the Rules of Accounts and rules of debit and credit
Learning the process of making Journal Entries
Description
This course covers the basic process for passing journal entries. Under this course we are going to learn the meaning of accounting and book-keeping, understanding what is double entry book keeping system? and how it operates in book-keeping and accounting, further we will discuss meaning of accounts, classification of accounts , rules of accounts, & the process of passing journal entries. We will learn to prepare Journal in book – keeping. We will learn what is debit and credit in accounting & how it works in accounting. By introducing the way of making entries we have emphasized on basis terminologies in accounting. We can learn what is revenue and capital expenditure, revenue and capital income, receipts, expenses, losses, incomes & gains, meaning of assets and liabilities through this course. This course will give glimpse about profit and loss account and balance sheet. This course has main object to make command on passing journal entries. Passing journal entries are the most important task in book keeping and accounting. Recording of financial transaction is the key role in preparation of Financial Statements.
This course will provide you all articles relates to Journal Entries.
We hope, this course will uplift your skills in passing journal entries & you can achieve four financial goals. Thank You.
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