Master Accounting Now

Master Accounting Now, available at Free, has an average rating of 4.25, with 7 lectures, based on 2 reviews, and has 437 subscribers.

You will learn about Master accounting fundamentals Pass their accounting class Gain confidence in working through accounting simulations Focus and study tips This course is ideal for individuals who are Accounting student who is struggling with comprehending the fundamentals It is particularly useful for Accounting student who is struggling with comprehending the fundamentals.

Enroll now: Master Accounting Now

Summary

Title: Master Accounting Now

Price: Free

Average Rating: 4.25

Number of Lectures: 7

Number of Published Lectures: 7

Number of Curriculum Items: 7

Number of Published Curriculum Objects: 7

Original Price: Free

Quality Status: approved

Status: Live

What You Will Learn

Who Should Attend

Target Audiences

Unlock the fundamentals of double entry accounting and the accounting equation through engaging and practical exercises tailored to a coffee shop business. This course is designed to transform theoretical knowledge into practical skills, making accounting concepts easy to understand and apply.

Course Highlights:

1. Identify Journal Entries for Classic Transactions: Learn to record the correct journal entries for four classic business transactions in a coffee shop setting. By working through real-world examples, you’ll internalize the process, ensuring rapid recall and application.

2. Visualize Journal Entries: Walk through each journal entry like a story. Understand the impact of each transaction on your accounts by visualizing the journey from the initial expense to the final entry. You’ll feel, see, and know the entire process.

3. Practical Scenarios:

4. Recording an Expense: Discover how to record the purchase of inventory, such as coffee beans, and understand the impact on your financial statements.

5. Earning Income: Learn the correct entry for sales transactions and see how selling a cup of coffee affects your accounts.

6. Purchasing Equipment: Understand the entries for buying equipment, like a new coffee machine, and its implications on your business.

7. Investing in the Company: Record investments made from personal savings and see how it boosts your business’s cash flow.

8. Quick Multiple Choice: Test your understanding of key concepts with quick, multiple-choice questions. Identify the accounts affected by various transactions and their impact on equity and assets.

9. Match the Transactions Activity: Match descriptions of financial transactions with the correct journal entries. Reinforce your learning by actively engaging with the material.

10. True or False: Solidify your knowledge by determining the accuracy of statements related to expenses, income, liabilities, and investments.

By the end of this course, you’ll have a solid grasp of double entry accounting and the accounting equation, equipped with practical skills to manage financial transactions confidently. Join us and turn accounting theory into practical, everyday business applications!

Course Curriculum

Chapter 1: Introduction

Lecture 1: Introduction

Lecture 2: Credits and Debits 1

Lecture 3: Credits and Debits 2

Lecture 4: Why Accounting Is Boring

Lecture 5: The Secret To Passing Your Boring Accounting Class

Lecture 6: Accounting Hacks and The ADD Learner

Lecture 7: Financial Simulation Income Statement

Instructors

Elisha Schwab, CPA
Accounting Fundamentals Coach

Rating Distribution

Frequently Asked Questions

How long do I have access to the course materials?

You can view and review the lecture materials indefinitely, like an on-demand channel.

Can I take my courses with me wherever I go?

Definitely! If you have an internet connection, courses on Udemy are available on any device at any time. If you don’t have an internet connection, some instructors also let their students download course lectures. That’s up to the instructor though, so make sure you get on their good side!