Financial Accounting Part 2 – Passing The Class

Master the Basics of Accounting to Pass The Class or Enhance Your Career (Textbook and Templates Included)

Created by: Chris Severson
Accounting Professor, Training Manager, and Course Developer

What Will I Learn?

• Calculate and Record the Journal Entries for Warranties
• Calculate and Record the Journal Entries for Payroll
• Calculate and Record the Journal Entries for Bond Issuances
• Amortize Bond Expense with Discounts and Premiums (Using Straight Line Amortization)
• Amortize Bond Expense with Discounts and Premiums (Using the Effective Interest Method)
• Prepare a Bond Amortization Schedule
• Calculate the Price of a Bond Issuance
• Utilize the Time Value of Money Principles For Lump Sums and Annuities
• Understand the Concept of Operating and Capitalize Leases
• Prepare Journal Entries for Stock Issuances
• Prepare Journal Entries for Cash and Stock Dividends
• Prepare Treasury Stock Journal Entries

Requirements

• It is recommended that you take the Financial Accounting I course or have a basic understanding of journal entries and normal balances of accounts. Other than that, the only requirement for this course is a desire to learn more about accounting. No specific software or textbooks are required.

Target audience

• This accounting course is for anyone who wants to learn more about accounting. This course starts at the ground level, with no assumption that you have any prior experience. If you are taking an accounting course and are having trouble understanding the topics this course is for you. If you are looking to enhance your career by understanding more about accounting, this course is for you. This course does not get into the more advanced accounting topics, though I do have other courses for this.