Please study the following basic Accounting topics:
I.The Following Steps for Accounting Cycle
- Practical Accounting Documents
- General Journal
- General Ledger
- Trial Balance
- Adjusting Entry
- Adjusted Trial Balance
- Prepare Income Statement
- Prepare Statement of Change in Equity
- Prepare Balance Sheet
- Prepare Statement of Cash Flow
- Closing Entry
- Post (After) Closing Trial Balance
*** Learn Full Examples for Complete Accounting Cycles as Follows:
II.Other Basic Accounting
- Bank Reconciliation
- Accounts Payable
- Inventory and Cost of Goods Sold
- Fixed Asset and depreciation
- Current Asset
- Accrual and Prepayment
- Partnership Accounting
- Nonprofit Accounting