Easily Conquer Double-Entry Bookkeeping

What you'll learn
By the end of this course you'll easily be able to
Explain the reasons for producing financial statements (final accounts)
Read, adjust and interpret financial statements in their simplest form
Identify assets and liabilities and calculate equity or capital
Identify income and expenses and calculate profit or loss
Confidently process business transactions in a double-entry bookkeeping system
Show how double-entered business transactions affect the balances in the financial statements
Balance accounts and identify the financial statement and section that it will be reported in
Explain how posting errors affect the financial statements and impact decision-making
Requirements
No prior knowledge or experience is required
Description
This course is unlike any other! What and how you'll learn is different - enriching your mind.As a student, I really struggled to get to grips with double-entry bookkeeping. Why? Quite frankly, it was taught poorly. There was little context, and I was encouraged to memorise processes rather than truly understand them. And I still see this out-dated teaching and learning method being used.Our brain is not designed to retain what it considers to be useless. It is when we can't see how what we are learning relates to the real world. No wonder I would forget it so easily.There is no need for you to struggle! The system is logical, and it will make perfect sense when you learn it properly. You'll remember it forever, end the continual struggle, and benefit from being a brilliant bookkeeper and accountant.Anything is difficult to learn unless you can appreciate why you're learning about it. You must begin by...

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