Basic Bookkeeping

Basic Bookkeeping

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Module One: Getting Started Icebreaker Housekeeping Items The Parking Lot Workshop Objectives Module Two: Basic Terminology (I) Balance Sheet Assets Liabilities Equity Income Statement Revenue Cost of Goods Sold Expenses Accounting Period Review Module Three: Basic Terminology (II) Accounts Receivable Accounts Payable Depreciation General Ledger Interest Inventory Journals Payroll Trial Balance Review Module Four: Accounting Methods Cash Method Accrual Method Differences between Cash and Accrual Module Four: Review Questions Module Five: Keeping Track of Your Business Accounts Payable Accounts Receivable The Journal The General Ledger Cash Management Module Five: Review Questions Module Six: Understanding the Balance Sheet The Accounting Equation Double-Entry Accounting Types of Assets Types of Liabilities Equity Module Six: Review Questions Module Seven: Other Financial Statements Income Statement Cash Flow Statement Capital Statement Budget vs. Actual Modu

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