In this third course, you will learn about liability and equity accounts and its effect on the balance sheet. If you have mastered bookkeeping basics and understand accounting assets, you are ready to jump into Liabilities and Equity in Accounting. You will explore the various types of liability, including: current and long term, payroll, and sales tax. Additionally, you will learn about the equity portion of the accounting equation and how to account for changes in owner’s equity.
Course 2, Assets in Accounting, or equivalent, is a suggested pre-requisite.
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来自LIABILITIES AND EQUITY IN ACCOUNTING的热门评论
There seems to be some missing information for the Case Study. The beginning cash account balance appears to be off, or there is a transaction missing.
Payroll section is not useful unless you are American. Rules are different for other countries. Other sections are straightforward but it does cover topics quickly.
It is an eye openner. This course has really challenged me to learn more
Educational, challenging and very helpful with allowing me to underwstand what is expected of a great bookkeeper