Learn how to track every financial transaction of your business with The Basics of Bookkeeping course. Discover how to create a chart of accounts that suits your business needs and how to record all the money you spend and earn. Understand bookkeeping terminology, including debits and credits, and know where to label accounts. Even if you outsource your bookkeeping, gain a basic understanding of your finances. This course provides practical knowledge on keeping track of the numbers and their meaning. Courses are online and asynchronous, meaning students may login to the classroom anytime during the course session, day or night, 24/7. For more information, go to our Online Professional Development Certificates & Courses FAQ Class details: Unit 1: The Accounting Equation and Chart of Accounts The accounting equation The chart of accounts for a business Temporary accounts (Revenue and Expenses) Where the accounts fall under the accounting equation Unit 2: Journals and the General Ledger Special Journals General Journal The General Ledger Accounts Unit 3: Recording Transactions The Rules Debits and Credits T-Accounts Using journals to record transactions Unit 4: Month End Closing Adjusting Entries Posting to the General Ledger End of month account balances