Introductory Accounting- Basic Accounts and Equations

This is a continuation of "Introduction to Business Terms and Concepts of Financial Accounting. This pathway will introduce various types of accounts and allow participants to explore introductory "Accountant Math."

  1. Course Description

    Prerequisite-"Introduction to Business Terms and Concepts of Financial Accounting"At the end of this path you will:Gain a Basic Understan...

    1 min read
  2. Accounting 101 Basic Review

    Accounting DefinitionAs defined in an earlier path, Accounting is the process of providing financial information primarily numerical that...

    1 min read
  3. Real Life Application "Adding a New Food Service"

    You work in Marketing or Management for a Food Service Company. They are looking to implement a form of Room Service Dining on college ca...

    1 min read
  4. Basic Terms

    AccountAn account is a collection of related data and information about one particular aspect of a business.Example: On January 1 2015 AB...

    1 min read
  5. Basic Terms

    AccountAn account is a collection of related data and information about one particular aspect of a business.Example: On January 1 2015 AB...

    3 questions
  6. Introductory Accounting Chart of Accounts

    Please take a moment and explore the introductory Chart of Accounts. These are essential to all accountants. However, be advised that e...

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  7. Introductory Accounting Chart of Accounts

    Please take a moment and explore the introductory Chart of Accounts. These are essential to all accountants. However, be advised that e...

    3 questions
  8. Accountant Math

    Accounting is rooted in the four basic staples of mathematics, addition subtraction, multiplication, and division. As an accountant you w...

    1 min read
  9. Accountant Math

    Accounting is rooted in the four basic staples of mathematics, addition subtraction, multiplication, and division. As an accountant you w...

    1 question
  10. The Accounting Equation

    What is The Accounting Equation ?Assets = Liabilities + Owner's EquitySample ProblemAssets: $80,000Liabilities:$50,000Equity: $30,000 ...

    1 min read
  11. The Accounting Equation

    What is The Accounting Equation ?Assets = Liabilities + Owner's EquitySample ProblemAssets: $80,000Liabilities:$50,000Equity: $30,000 ...

    5 questions
  12. Net Income Net Loss Explained

    The Accounting Equation is one of the two most basic equations of accounting. The other equation is used to determine whether a company h...

    1 min read
  13. Net Income Net Loss Explained

    The Accounting Equation is one of the two most basic equations of accounting. The other equation is used to determine whether a company h...

    1 question
  14. Net Income/ Net Loss Equation

    The relationship between Net Income and Net Loss is expressed in terms of Revenues and Expenses.The most basic way to understand Net Inco...

    1 min read
  15. Net Income/ Net Loss Equation

    The relationship between Net Income and Net Loss is expressed in terms of Revenues and Expenses.The most basic way to understand Net Inco...

    5 questions
  16. Introductory Accounting: Basic Accounts and Equations PowerPoint

    This PowerPoint was designed d to present the topics of this path in a single presentation. This PowerPoint is recommended for visua...

    1.18 MB
  17. Course Summary

    Account Definitions Asset- something of value owned or controlled by a business Liability- An amount owed by a business or an une...

    1 min read
  18. End of Course Quiz

    Now that you have completed the "Introductory Accounting- Basic Accounts and Equations test your knowledge of basic Accounting Terminolog...

    1 min read
  19. End of Course Quiz

    Now that you have completed the "Introductory Accounting- Basic Accounts and Equations test your knowledge of basic Accounting Terminolog...

    20 questions

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