Further Details
In five lessons, you'll cover:
Lesson 1: Adjustments made to the Trial Balance; capital expenditure and revenue expenditure; calculating accruals and prepayments; bad debts; calculating the value of stock.
Lesson 2: Using the Journal; double entry to be used for the most common year-end adjustments; making Journal entries in order to record adjustments made in the ledger accounts.
Lesson 3: Extending the Trial Balance to include Journal entries , accruals and prepayments; calculating the profit , or loss of the business.
Lesson 4: Preparing and P&L account and Balance Sheet; calculating the gross profit percentage; calculating the mark up percentage.
Lesson 5: Closing off the ledger accounts; identifying which balances are transferred to the next accounting period and which are transferred to the Profit and Loss account.
Guide price
Interest Free Credit May Be Available. |
