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Course Categories > Skills For Business

Understanding Debits and Credits   

In this course, you will learn about the accounting equation and the five categories involved in every business (Assets, Liabilities, Owner’s Equity, Revenue and Expenses). Every financial transaction falls into one or more of these categories. Learn how to create a chart of accounts that meet the needs of your business. You will learn how double entry bookkeeping works and the process of recording debits and credits. This course will show you how to identify, analyze and record transactions using journal entries under the cash basis accounting method.

Part of an optional three-course Bookkeeping Certificate
Full certificate only $495 when you register for all three classes - take the classes in any order. Please call for discounted 3rd class.

 

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