Bookkeeping Basics #2: Understand The Mechanics

After our first course, dig deeper into the actual "How" of recording bookkeeping activity.

4.64 (1963 reviews)

Udemy

platform

English

language

Accounting & Bookkeeping

What you will learn

Understand what "debits" and "credits" actually mean when it comes to bookkeeping and accounting

Learn the Fundamental Accounting Equation and how it applies to bookkeeping

How are transactions analyzed, recorded and posted

What steps are needed for End-of-the-Month adjustment entries and End-of-the-Year closing entries

What is depreciation? What are Prepaid Items? What is Accrued Payroll? How is Inventory booked?

Course Gallery

Bookkeeping Basics #2: Understand The Mechanics – Screenshot 1 — Screenshot 1 – Bookkeeping Basics #2: Understand The Mechanics

Bookkeeping Basics #2: Understand The Mechanics – Screenshot 2 — Screenshot 2 – Bookkeeping Basics #2: Understand The Mechanics

Bookkeeping Basics #2: Understand The Mechanics – Screenshot 3 — Screenshot 3 – Bookkeeping Basics #2: Understand The Mechanics

Bookkeeping Basics #2: Understand The Mechanics – Screenshot 4 — Screenshot 4 – Bookkeeping Basics #2: Understand The Mechanics

Loading charts...

Comidoc Review

Our Verdict

Boasting a solid 4.69 rating and over 10,000 subscribers, the 'Bookkeeping Basics #2: Understand The Mechanics' course offers a deep dive into the practical aspects of bookkeeping. Students will benefit from focused lessons on journaling, debits, credits, and adjustment entries. However, be prepared for occasional challenges with confusing homework assignments and a need for more detailed quiz explanations. With practice sets available online and improved print design, this course aims to equip learners confidently navigating the world of bookkeeping basics.

What We Liked

Comprehensive coverage of bookkeeping mechanics, including debits, credits, journaling and adjustment entries
In-depth approach to the Fundamental Accounting Equation
Step-by-step instruction on end-of-month and end-of-year closing entries
Realistic practice sets provided for homework assignments

Potential Drawbacks

Homework assignments can sometimes be difficult to understand, with missing pages or unclear instructions
Lack of detailed explanations for why certain quiz answers are correct
Presentation design could benefit from improved readability when printing resources
Some lessons rely solely on homework without sufficient review or discussion