Creating Accounting Statements Using Accounting Fundamentals

In this one and a half hour long project-based course about Creating Accounting Statements Using Accounting Fundamentals, You will be capable of recording your own transaction and even create accounting statements to your private business to observe profit and losses. By the end of this project, you will be able to understand basic accounting principals which will assist you with preparing, recording and analysing accounting statements for your own private business. You will learn how to Record transactions on journal entries, create a Trial balance, create an Income statement (A profit or loss statement) as well as create a Balance sheet (Statement of financial position) Note: This course works best for learners who are based in the North America region. We’re currently working on providing the same experience in other regions.

• Project Overview
• By the end of this project, you will create accounting statements using basic accounting principals in Google Sheets. Additionally, you will be able to identify the accounting terms which includes revenues, expenses, assets, liabilities, as well as create a trial balance, income statement and a balance sheet. You will become familiar with accounting debits and credits, as this project will show you how to record transactions on journal entries.