Learn Debits and Credits
What you will learn
Understand What Debits and Credits Are: The basics of debits and credits and why they’re important in bookkeeping.
Know When to Use Debits and Credits: To be able to choose the correct account to debit or credit for common business transactions.
Use T-Accounts for Practice: Practice using T-accounts to see how debits and credits affect different types of accounts.
Keep Financial Records Balanced: Help understand how to make entries that keep the books balanced and accurate.
Why take this course?
Ready to make sense of debits and credits? This beginner-friendly course will walk you through the basics of bookkeeping, helping you understand debits and credits in a way that’s easy to follow and apply.
What You’ll Learn
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- The Basics of Debits and Credits: Find out what debits and credits are, why they matter, and how they work together in every transaction.
- The Accounting Equation: Understand the simple formula that keeps your books balanced—Assets = Liabilities + Equity—and see how debits and credits fit in.
- How to Record Transactions: Learn how to record common transactions like sales, expenses, and purchases using debits and credits.
- Different Account Types: Get to know the main types of accounts—assets, liabilities, equity, revenue, and expenses—and how debits and credits affect each one.
- Clearing Up Misunderstandings: We’ll explain some common myths about debits and credits so you can use them confidently.
Who This Course is For:
- New Bookkeepers: If you’re just starting with bookkeeping, this course will help you build a strong foundation.
- Small Business Owners: Great for anyone managing their own books and wanting a clear way to record financial transactions.
- Students: Perfect for students who need an introduction to debits and credits for their studies.
With simple explanations and real-life examples, this course will help you get comfortable with debits and credits and start handling bookkeeping with ease!
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