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There are 2 modules in this course
Master the fundamental building blocks of accurate financial record-keeping that every accounting professional needs. This course empowers you with essential double-entry bookkeeping knowledge to recognize normal account balances and execute precise month-end adjusting procedures using QuickBooks.
This Short Course was created to help accounting professionals accomplish reliable ledger maintenance and month-end closing procedures.
By completing this course, you'll be able to confidently identify whether major account categories carry debit or credit balances, calculate and record adjusting entries for accruals and prepaids, and ensure your general ledger remains balanced after posting transactions.
By the end of this course, you will be able to:
Recognize the normal debit or credit balance for major general ledger account categories.
Apply standard procedures to post month-end adjusting entries and balance the ledger.
This course is unique because it combines foundational accounting theory with hands-on QuickBooks practice, ensuring you develop both conceptual understanding and practical skills that translate directly to workplace success.
To be successful in this project, you should have a background in basic accounting concepts and access to QuickBooks.
Learners will master the fundamental principles of double-entry bookkeeping by identifying which account categories naturally carry debit balances versus credit balances, providing the essential foundation for accurate financial record-keeping.
What's included
3 videos1 reading2 assignments
Show info about module content
3 videos•Total 15 minutes
Why Account Balance Recognition Transforms Your Accounting Career•4 minutes
Understanding the Logic Behind Normal Account Balances•6 minutes
General Ledger Account Balance Recognition•5 minutes
1 reading•Total 8 minutes
Complete Guide to General Ledger Account Categories•8 minutes
Learners will execute the complete month-end adjusting entry process, including identifying adjustment needs, recording entries in QuickBooks, and verifying ledger balance integrity using systematic procedures employed in professional accounting environments.
What's included
2 videos2 readings3 assignments
Show info about module content
2 videos•Total 12 minutes
Why Month-End Adjusting Entries Determine Your Success as an Accounting Professional•4 minutes
Systematic Approach to Month-End Adjusting Entry Analysis•8 minutes
2 readings•Total 16 minutes
Essential Types of Month-End Adjusting Entries•8 minutes
Month-End Closing Procedures and Ledger Balance Verification•8 minutes
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Is financial aid available?
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