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Basics of Accounting

Introduction
Introduction
Preview
The Transaction
Preview
Financial Statements
Section 1: Quiz
Basic Building Blocks
Balance Sheet
Assets
Liabilities
Equity
Income Statement
Accrual Basis
Section 2: Quiz
The Accounting Cycle
Debits and Credits
Accounts
Journalizing
Posting
Trial Balance
Making the Financial Statements
Section 3: Quiz
Bonus
Sunrise Jewelry Practice Case
Sunrise Jewelry Practice Case Solutions

Debits and Credits

Basics of Accounting The Accounting Cycle
By: Eric Knight, DBA, CPA, CGMA
6 minutes
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