This Accounting Basics course is a structured introduction to financial accounting designed for beginners who want to understand how financial information is recorded and reported in businesses. It provides a clear and simple explanation of essential accounting concepts and financial statements.
The course begins with basic accounting definitions and introduces key financial reports such as the income statement, statement of retained earnings, and balance sheet. You will learn how each statement works and how they are connected to represent a company’s financial performance.
Next, the course covers the basics of journal entries, including the rules of debits and credits. You will see practical examples that explain how business transactions are recorded step by step in accounting systems.
The course also introduces important adjustments such as prepaid expenses, depreciation, and amortization. These topics help you understand how businesses manage costs over time and adjust financial records correctly.
By the end of this course, you will have a solid understanding of accounting fundamentals, financial statements, and basic transaction recording, giving you the confidence to continue learning more advanced accounting topics.
