Manufacturer's Description
This course explains everything you need to know about basic double-entry bookkeeping. Debits and credits, the Nominal Ledger and the Trial Balance are some of the key topics covered. This course is suitable for any individual that requires an understanding of double-entry bookkeeping.
At the end of this course, delegates will be able to:
Understand the basic concepts of double entry bookkeeping
Identify the difference between debits and credits
Identify which accounts are involved in a transaction
Record Business Transactions
Produce a Trial Balance
Record VAT using double entry
Understand the function of the sales and purchase ledger
Record Purchase Transactions on credit
Produce P&L and Balance Sheet reports.