Financial Accounting – Subsidiary Ledgers Special Journals

Financial Accounting – Subsidiary Ledgers & Special Journals, available at $79.99, has an average rating of 4.59, with 79 lectures, 8 quizzes, based on 756 reviews, and has 45660 subscribers.

You will learn about Identify and explain the role of special journals in simplifying data entry and ledger maintenance in accounting. Accurately categorize diverse financial transactions and record them in their respective special journals. Analyze the impact of special journals on reducing general ledger postings and enhancing data management efficiency. Differentiate between the usage and purpose of accounts receivable and accounts payable subsidiary ledgers. Develop, maintain, and interpret subsidiary ledgers, improving the understanding of debtor and creditor relationships. Leverage Excel tools for robust data management, aiding in the analysis of accounting transactions. Improve problem-solving skills by evaluating complex accounting problems through multiple-choice questions. Utilize downloadable PDF resources to expand learning beyond course videos, facilitating comprehensive study and review. Apply course-acquired knowledge and skills to address real-world accounting problems, boosting professional competence. This course is ideal for individuals who are Intermediate Accounting students who are looking to deepen their understanding of special journals and subsidiary ledgers. or Aspiring accountants or financial professionals who want to gain practical skills in managing accounts receivable and payable ledgers. or Business owners who need to understand these accounting techniques for improved business financial management. or Professionals in the finance field who aim to upgrade their skills or need a refresher on these accounting procedures. It is particularly useful for Intermediate Accounting students who are looking to deepen their understanding of special journals and subsidiary ledgers. or Aspiring accountants or financial professionals who want to gain practical skills in managing accounts receivable and payable ledgers. or Business owners who need to understand these accounting techniques for improved business financial management. or Professionals in the finance field who aim to upgrade their skills or need a refresher on these accounting procedures.

Enroll now: Financial Accounting – Subsidiary Ledgers & Special Journals

Summary

Title: Financial Accounting – Subsidiary Ledgers & Special Journals

Price: $79.99

Average Rating: 4.59

Number of Lectures: 79

Number of Quizzes: 8

Number of Published Lectures: 79

Number of Published Quizzes: 8

Number of Curriculum Items: 93

Number of Published Curriculum Objects: 93

Number of Practice Tests: 1

Number of Published Practice Tests: 1

Original Price: $199.99

Quality Status: approved

Status: Live

What You Will Learn

Identify and explain the role of special journals in simplifying data entry and ledger maintenance in accounting.

Accurately categorize diverse financial transactions and record them in their respective special journals.

Analyze the impact of special journals on reducing general ledger postings and enhancing data management efficiency.

Differentiate between the usage and purpose of accounts receivable and accounts payable subsidiary ledgers.

Develop, maintain, and interpret subsidiary ledgers, improving the understanding of debtor and creditor relationships.

Leverage Excel tools for robust data management, aiding in the analysis of accounting transactions.

Improve problem-solving skills by evaluating complex accounting problems through multiple-choice questions.

Utilize downloadable PDF resources to expand learning beyond course videos, facilitating comprehensive study and review.

Apply course-acquired knowledge and skills to address real-world accounting problems, boosting professional competence.

Who Should Attend

Intermediate Accounting students who are looking to deepen their understanding of special journals and subsidiary ledgers.

Aspiring accountants or financial professionals who want to gain practical skills in managing accounts receivable and payable ledgers.

Business owners who need to understand these accounting techniques for improved business financial management.

Professionals in the finance field who aim to upgrade their skills or need a refresher on these accounting procedures.

Target Audiences

Intermediate Accounting students who are looking to deepen their understanding of special journals and subsidiary ledgers.

Aspiring accountants or financial professionals who want to gain practical skills in managing accounts receivable and payable ledgers.

Business owners who need to understand these accounting techniques for improved business financial management.

Professionals in the finance field who aim to upgrade their skills or need a refresher on these accounting procedures.

In this course, you’ll first delve into the understanding and practical utilization of special journals. Special journals are a useful tool for reducing data input and simplifying the accounting process. You’ll learn to categorize transactions by type and record them into these specific journals, transforming the way transactions are posted to the general ledger and streamlining the monthly closing process.

Next, you’ll explore the significance of implementing accounts receivable and payable subsidiary ledgers, especially in systems where sales and purchases are made on account. These subsidiary ledgers, which keep track of the money owed to and by your business, play a crucial role in efficient account management. You’ll learn how to create, maintain, and use these ledgers to enhance your accounting practices, ensuring every penny is accounted for.

The course then moves on to the more specific aspects of accounting, including the navigation of sales, purchases, cash receipts, and cash payments journals. Each of these journals is crucial to the financial health and operational efficiency of any business. You’ll gain detailed insights into how each journal functions, how they interact with each other, and how to leverage them effectively in your accounting practices.

We will also have a strong focus on tackling comprehensive accounting problems. We’ll walk you through numerous scenarios and case studies, providing hands-on experience in dealing with complex accounting issues. We believe that the best way to learn is by doing, and these problems will give you ample opportunity to practice and apply what you’ve learned.

Excel essentials for accounting are also a significant part of the course. Given that most accounting tasks today are performed digitally, it’s important for every accountant to be comfortable with Excel. We’ll cover the basics like addition and subtraction, cell relationships, and then delve into more complex functions and features that can save you hours of work.

Lastly, this course will familiarize you with the key definitions and terminologies used in the field of accounting. Understanding this language is crucial for effective communication in the business world, and for making sense of complex financial documents and reports. This foundation will support all of your future learning and work in accounting.

In essence, this course offers a well-rounded and in-depth study of accounting, taking you from the basic concepts to more complex practices and problems. Whether you’re an accounting professional or a student just starting your journey in the field, this course is designed to equip you with the knowledge and skills you need to succeed.

Course Curriculum

Chapter 1: Introduction

Lecture 1: Introduction

Lecture 2: PDF – Special Journals & Subsidiary Ledgers

Lecture 3: 2 Special Journals Subsidiary Ledgers

Lecture 4: Accounting Comic Break

Chapter 2: Accounts Receivable Subsidiary Ledger

Lecture 1: PDF – 5 AR subsidiary ledgers D & D new

Lecture 2: 5 Accounts Receivable AR Subsidiary Ledger Explained

Lecture 3: Excel Worksheet

Lecture 4: Worksheet – Accounts Receivable Subsidiary Ledger 700 Part 1-

Lecture 5: 700.20 Accounts Receivable Subsidiary Ledger 700 Part 2-Accounting instructions

Lecture 6: Multiple Choice Question 1 – Special Journals

Lecture 7: Accounting Comic Break

Chapter 3: Accounts Payable Subsidiary Ledger

Lecture 1: PDF – 6 AP subsidiary ledgers D & D New

Lecture 2: 6 Accounts Payable AP Subsidiary Ledger

Lecture 3: Excel Download

Lecture 4: Worksheet – Accounts payable subsidiary ledger

Lecture 5: 700.10 Accounts payable subsidiary ledger 700 part 2-Accounting%2C Financial

Lecture 6: Multiple Choice Question 2 – Special Journals

Lecture 7: Accounting Comic Break

Chapter 4: Sales Journal

Lecture 1: Sales Journal

Lecture 2: PDF – 10 Sales Journal Service Company

Lecture 3: 20 Sales Journal Service Company

Lecture 4: Excel Worksheet

Lecture 5: Worksheet – Sales Journal

Lecture 6: PDF – 20 Sales Journal Merchandising Co

Lecture 7: 10 Sales Journal Merchandising Co.

Lecture 8: Excel Worksheet

Lecture 9: 5 Worksheet – Sales Journal Inventory

Lecture 10: Multiple Choice Question 3 – Special Journals

Lecture 11: Accounting Comic Break

Chapter 5: Purchases Journal

Lecture 1: Purchases Journal

Lecture 2: PDF – 30 Purchases Journal Service Company

Lecture 3: 30 Purchases Journal Service Company

Lecture 4: Excel Worksheet

Lecture 5: 6 Worksheet – Purchases Journal

Lecture 6: PDF – 33 Purchases Journal Inventory

Lecture 7: 33 Purchase Journal Merchandising Co.

Lecture 8: Excel Worksheet

Lecture 9: Worksheet Purchases Journal

Lecture 10: Multiple Choice Question 4 – Special Journals

Lecture 11: Accounting Comic Break

Chapter 6: Cash Receipts Journal

Lecture 1: Cash Receipts Journal

Lecture 2: PDF – 40 Cash Receipts Journal

Lecture 3: 40 Cash Receipts Journal

Lecture 4: Excel Worksheet

Lecture 5: Worksheet – Cash Receipts Journal

Lecture 6: Multiple Choice Question 5 – Special Journals

Lecture 7: Accounting Comic Break

Chapter 7: Cash Payments Journal

Lecture 1: Cash Payments Journal

Lecture 2: PDF – 50 Cash Payment Journal

Lecture 3: 50 Cash Payments Journal Service Company

Lecture 4: Excel Worksheet

Lecture 5: 4 Worksheet Cash Payment Journal

Lecture 6: Multiple Choice Question 6 – Special Journals

Lecture 7: 700 CPA Exam Part 1 Subsidiary ledgers %26 special journals – CPA exam %26 other

Lecture 8: Accounting Comic Break

Chapter 8: Comprehensive Problem

Lecture 1: Comprehensive Problem

Lecture 2: Excel Worksheet

Lecture 3: Comprehensive Problem Special Journals Part 1

Lecture 4: Comprehensive Problem Special Journals Part 2

Lecture 5: Comprehensive Problem Special Journals Part 3

Lecture 6: Comprehensive Problem Special Journals Part 4

Lecture 7: Comprehensive Problem Special Journals Part 5 Adjusting Entries

Lecture 8: Comprehensive Problem Special Journals Part 6 Financial Statements

Lecture 9: Comprehensive Problem Special Journals Part 7 Closing Process

Lecture 10: Multiple Choice Question 7 – Special Journals

Lecture 11: Accounting Comic Break

Chapter 9: Definitions & Key Terms

Lecture 1: Accounts Payable Ledger Definition – What is the Accounts Pa

Lecture 2: Accounts Receivable Ledger – What is Accounts Receivable Led

Lecture 3: Cash Disbursements Journal – What is Cash Disbursements Jour

Lecture 4: Check Register Definition – What is Check Register%3F

Lecture 5: Compatibility Principle Definition – What is Compatibility P

Lecture 6: Controlling Account Definition – What is Controlling Account

Lecture 7: Cost Benefit Principle definition – What is the Cost Benefit Principle%3F

Lecture 8: General Ledger Definition What is General Ledger%3F

Lecture 9: Purchase Requisition Definition – What is Purchase Requisition%3F

Lecture 10: Sales Journal Definition – What is Sales Journal%3F (1)

Lecture 11: Subsidiary Ledger Definition – What is Subsidiary Ledger%3F

Lecture 12: Multiple Choice Question 8 – Special Journals

Instructors

Robert (Bob) Steele
CPA, CGMA, M.S. Tax, CPI

Rating Distribution

1 stars: 6 votes

2 stars: 11 votes

3 stars: 102 votes

4 stars: 269 votes

5 stars: 368 votes

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.

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