Lesson Summary

Join this crash course in accounting covering three chapters:

• Chapter 1: Foundations of Accounting
  • Discussing the five main accounts
  • Introducing debits versus credits
  • Explaining T accounts
  • Introducing the main accounting equation
• Chapter 2: Four Financial Statements
  • Income statement
  • Statement of changes in equity
  • Balance sheet
  • Statement of cash flows
• Chapter 3: Accounting Cycle
  • Overview of the nine-step accounting cycle

Enroll now and kickstart your learning journey today.