Introduction to Bookkeeping from the Top Down

Learn Accounting and Bookkeeping Basics Intuitively with Diagrams and Examples

Created by: David Johnson
Retired Professor at Northcentral University

What Will I Learn?

• What does the "double" in double-entry bookkeeping mean and why is it needed?
• How to enter common business transactions using two methods: the balance sheet equation spreadsheet and debits and credits
• How to use the general ledger and trial balances to prepare the three financial statements (balance sheet, income statement, and statement of cash flows)
• How to make journal entries and generate the three financial statements in QuickBooks

Requirements

• No prior knowledge or skills necessary, just a curiosity to learn what the "double" in double-entry bookkeeping means

Target audience

• Those who want a quick start to their accounting education
• Those seeking an accounting career
• Those seeking a bookkeeping job
• Those who want a quick start to keeping small business books