Part 1: The Accounting Cycle & Foundations
Master the fundamental principles that drive the entire accounting profession.
CHAPTER 1
Accounting in Business
Understanding the purpose of accounting, ethics, GAAP, and the fundamental accounting equation.
CHAPTER 2
Analyzing and Recording Transactions
Learning double-entry bookkeeping, debits, credits, and the trial balance.
CHAPTER 3
Adjusting Accounts
Mastering accrual basis accounting and the essential period-end adjustments.
CHAPTER 4
Completing the Accounting Cycle
Closing the books, preparing financial statements, and analyzing ratios.