Accounting Fundamentals
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Accounting Fundamentals
Basic Accounting Fundamentals
Curated by Mr. Adorante
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Learn Accounting & Bookkeeping For Free

Learn Accounting & Bookkeeping For Free | Accounting Fundamentals | Scoop.it
Free Bookkeeping and Accounting Courses and Tutorials. You don't have to be a rocket scientist to learn bookkeeping!

Via Peter John Baskerville
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Peter John Baskerville's curator insight, December 1, 2014 10:08 PM

This Introduction discusses the types of business organizations, types of business activities, users of financial information, bookkeeping systems, accounting rules, and the cash and accrual basis of accounting.

  • Lesson 1 The Bookkeeping Language introduces you to some of the terminology and definitions used in the accounting and bookkeeping language.
  • Lesson 2 Property and Property Rights explains Property & Property Rights, the Accounting Equation, double entry bookkeeping, and how business transactions affect the equation.
  • Lesson 3 Debits and Credits introduces and explains Debits and Credits and how they affect the Accounting Equation and are used to record business transactions.
  • Lesson 4 Recording Business Transactions explains and uses examples to illustrate how business transactions are properly analyzed, recorded, and summarized.
  • Lesson 5 The General Ledger and Journals explains what General Ledger and Journals are, how they're used, and what bookkeeping purposes they serve.
  • Lesson 6 Financial Statements explains what financial statements are, how they're created, and how they're used.
  • Lesson 7 Review of Major Concepts reviews the major definitions, concepts, and bookkeeping records previously discussed and necessary for an understanding of bookkeeping.
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Accounting videos about accounting

Accounting videos about accounting | Accounting Fundamentals | Scoop.it
THIS CHANNEL'S OBJECTIVE IS TO TEACH BASIC ACCOUNTING TO STUDENTS OR PROFESSIONALS FROM OTHER FIELDS WANTING TO LEARN BASICS OF ACCOUNTING.

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Peter John Baskerville's curator insight, January 30, 2015 6:23 AM

J.B. SHARMA has prepared over 10 videos dealing with Basic Accounting Concepts. These include:

  • PARTNERSHIP - FUNDAMENTALS
  • FINANCIAL STATEMENTS (WITH ADJUSTMENTS) PROFIT & LOSS ACCOUNT AND BALANCE SHEET
  • DEPRECIATION 
  • BANK RECONCILIATION STATEMENT
  • SUBSIDIARY BOOKS (CASH BOOK) 
  • RECTIFICATION OF ERRORS IN ACCOUNTS
  • LEDGER POSTING, BALANCING AND TRIAL BALANCE
  • JOURNAL ENTRIES
  • RULES OF DEBIT & CREDIT 
  • ACCOUNTING EQUATION 
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Accounting Principles I

Accounting Principles I | Accounting Fundamentals | Scoop.it
Preview and download the course Accounting Principles I on iTunes U.

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Peter John Baskerville's curator insight, January 20, 2015 8:44 AM

Though accounting may seem like a dense and complex subject, this course is designed to present the accounting cycle in an accessible and logical manner.  This course will provide you with a solid understanding of basic accounting principles and will introduce you to financial statement analysis.