Playing Time |
01h:39m:50s |
Description |
data file rda |
Note |
4/30/201912:00:00AM |
Summary |
Learn the basics of bookkeeping and how financial statements are created from ledgers in this essential accounting skills course. |
Cast |
Presenter: Kay Stice |
Summary |
Bookkeeping is about collecting information, recording events, and organizing those records to make better decisions. Accountants use the financial transactions recorded in ledgers or "books" to create a company's income statement and balance sheet. In this course, accounting professors Jim and Kay Stice walk you through the four key steps in the bookkeeping process: analyzing transactions, recording the effects, summarizing the effects, and preparing financial reports. They explain the components of a journal entry-debits and credits-and the essential questions a bookkeeper/accountant asks in reviewing those transactions. They also explain how accountants translate ledger information into financial statements and the role of computer programs in helping businesses manage their accounts. |
System Details |
Latest version of the following browsers: Chrome, Safari, Firefox, or Internet Explorer. Adobe Flash Player Plugin. JavaScript and cookies must be enabled. A broadband Internet connection. |
Added Author |
Stice, Jim speaker.
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linkedin.com (Firm)
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