BooKKeepings

This is a Excellent Video Training on Learning BookKeeping.

Accountants use the credits and debits recorded in ledgers or "books" prepared by bookkeepers to create a companys financial statements. In this course, accounting professors will walk you through the four key steps in the bookkeeping process: analyzing, recording, summarizing transactions, and preparing financial reports.

They explain the components of a journal entry (debits and credits) and the essential questions a bookkeeper/accountant asks in reviewing those transactions. They also explain how accountants translate ledger information into financial statements, and the role of computer programs such as Quicken in helping businesses manage their accounts.

Topics include:
* Reviewing financial statements
* Analyzing transactions
* Categorizing transactions
* Recording a cash acquisition
* Recording the sale of goods or services
* Posting journal entries to accounts