Accounting 1 Simplified for You

Your no-nonsense guide to understanding accounting principles in easy to follow explanations and step-by-step examples.

Created by: Majo Jacinto
Certified Public Accountant & Accounting Professor

What Will I Learn?

• Design an accounting information system for a small business
• Identify, classify and journalize the transactions of small business start up.
• Prepare adjusting entries, generate a trial balance and maintain the general ledger.
• Prepare financial statements - Income Statement, of Owner's Equity, Balance Sheet & Statement of Cash Flows
• Understand and apply the value of financial information in managing a business.
• Discover career opportunities in accounting
• Appreciate and apply the value of accounting in your career

Requirements

• Ability to add, subtract, multiply and divide.
• Analytical Skills
• Patience and willingness to learn

Target audience

• Intended for beginners audience
• None or very little understanding of accounting
• Excellent study guide for accounting and business students who are currently enrolled in their first college accounting courses.
• Ideal for those who have procrastinated from taking required accounting courses for fear of its difficulty.
• Bookkeepers, accounting clerks, managers and small business owners who are looking to understand the big picture
• College students who are considering accounting as a career track