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Website or Online Data, 2015
Current format, Website or Online Data, 2015, , Available.
Website or Online Data, 2015
Current format, Website or Online Data, 2015, , Available. Offered in 0 more formats
Learn the basics of bookkeeping and how financial statements are created from ledgers in this essential accounting skills course. Accountants use the credits and debits recorded in ledgers or "books" prepared by bookkeepers to create a company's financial statements. In this course, accounting professors Jim and Kay Stice walk you through the four key steps in the bookkeeping process: analyzing, recording, summarizing transactions, and preparing financial reports. They explain the components of a journal entry (debits and credits) and the essential questions a bookkeeper/accountant asks in reviewing those transactions. They also explain how accountants translate ledger information into financial statements, and the role of computer programs such as Quicken in helping businesses manage their accounts.
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