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The Ultimate Accounting Refresher Course

Introduction and Overview of Key Accounting Concepts
Introduction
Preview
Key Accounting Concepts
Accounting Entity
Period
Reliability
Relevance
Comparability
Cash vs Accrual basis
Accounting Concepts Conclusion
The Accounting Equation - The Basis of Double Entry Bookkeeping
Accounting Transactions Overview
The Accounting Equation
Understanding Transactions
T-Accounts
Assets
Contra Assets
Liabilities
Owner's Equity
Retained Earnings
General Journals
Practical Applications of Transactions
Shortville Automotive Case Study
Case Study - Worksheet Method
Case Study - General Journals
Case Study - General Journals (Part 2)
Case Study - T-Accounts (Ledgers)
Creating Your First Trial Balance
What is a Trial Balance?
Case Study - Trial Balance
Adjusting and Closing Entries
Adjusting Entries
Case Study - Adjusting Entries
Closing Entries
Case Study - Closing Entries
Financial Statements
Balance Sheet
Profit and Loss Statement
Cash Flow Statement
Interpreting Financial Results
Ratio Analysis
Conclusion
Ratio Formulas

Practical Applications of Transactions

The Ultimate Accounting Refresher Course
By: Justin Lake
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Start to put the debits and credits into practice with real-life examples as demonstrated by an experienced finance professional.
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