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Basic Accounting

Please study the following basic Accounting topics:


I.The Following Steps for Accounting Cycle

  1. Practical Accounting Documents 
  2. General Journal
  3. General Ledger
  4. Trial Balance
  5. Adjusting Entry
  6. Adjusted Trial Balance
  7. Prepare Income Statement
  8. Prepare Statement of Change in Equity
  9. Prepare Balance Sheet
  10. Prepare Statement of Cash Flow
  11. Closing Entry
  12. Post (After) Closing Trial Balance

  ***  Learn Full Examples for Complete Accounting Cycles as Follows:


    II.Other Basic Accounting

    1. Bank Reconciliation
    2. Accounts Payable
    3. Inventory and Cost of Goods Sold
    4. Fixed Asset and depreciation 
    5. Current Asset
    6. Accrual and Prepayment 
    7. Partnership Accounting 
    8. Nonprofit Accounting

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