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Accounting Basics


 Basic Accounting Concepts - Debits and Credits
 Accounting Types - Assets, Liabilities, Equity, Income and Expenses
 Trial Balance and Ledger Accounts
 Adjustment Entries - Income/Expense Entry
 Classification of Assets on Balance Sheet
 Classification of Liabilities on Balance Sheet
 Closing Entries
 General Ledger
 Income Statement - Profit and Loss Statement
 Journal Entries
 Owner's Stock Holders Equity
 Statement of Cash Flows
 Accounts Receivables and Bad Debts
 Golden Rules of Accounting - Real,Nominal and Personal Accounts
 Bank Reconciliation or Bank Statement
 Chart of Accounts