Course Content

Introduction to Fundametals of Accounting and Bookkeeping

5m 51s

How to use LearnVern

3m 20s

Introduction to Accounting

17m 57s

Various Accounting Concepts

11m 34s

Various Terminologies in Accounting

11m 45s

Assignment : Basic Accounting

1m 1s

Assignment : Basic Accounting

1m 17s

Quiz : Basic Accounting

5m

Financial Transactions in Accounting

9m 58s

What are Books of Account

11m 54s

Assignment : Starting Point of Accounting

1m

Quiz : Starting Point of Accounting

1m

Fundamental Principles of Accounting

5m 45s

Accounting Assumptions

14m 30s

Ledger & Accounting Methods

16m

Assignment : Fundamental Accounting Principle

39s

Assignment : Fundamental Accounting Principles

42s

Quiz : Fundamental Accounting Principle

6m

Steps of Bookkeeping Process Part-1

12m 45s

Steps of Bookkeeping Process Part-2

17m 7s

Assignment : Steps of Bookkeeping Process

39s

Quiz : Steps of Bookkeeping Process

5m

Importance of Bookkeeping Process

15m 39s

What are Fixed Assets

12m 16s

Assignment : Importance of Bookkeeping

48s

Assignment : Importance of Bookkeeping

45s

Quiz : Importance of Bookkeeping

5m

What is Bank Reconciliation

16m 1s

Example of Bank Reconciliation Statement (BRS)

13m 59s

Assignment : Bank Reconciliation

1m 7s

Quiz : Bank Reconciliation

5m

Introduction to Payroll

15m 6s

Transactions with Payroll

13m 45s

Assignment : Payroll Management

40s

Quiz : Payroll

5m

Financial Statements

13m 6s

Financial Statements with Example

15m 57s

Assignment : Financial Statements

1m 7s

Quiz : Financial Statements

5m

Course Summary

2m 8s

Interview Question in Fundamentals Of Accounting And Bookkeeping

4m 20s

Career Guideline

2m 9s

Cases where Journal Entry is required

Fundamentals of Accounting And Bookkeeping Journal Entry

Enroll Now For Free
Previous Next
Discussion
Previous Discussion Next
Previous
Next

Course Content

Introduction to Fundametals of Accounting and Bookkeeping

5m 51s

How to use LearnVern

3m 20s

Introduction to Accounting

17m 57s

Various Accounting Concepts

11m 34s

Various Terminologies in Accounting

11m 45s

Assignment : Basic Accounting

1m 1s

Assignment : Basic Accounting

1m 17s

Financial Transactions in Accounting

9m 58s

What are Books of Account

11m 54s

Assignment : Starting Point of Accounting

1m

Fundamental Principles of Accounting

5m 45s

Accounting Assumptions

14m 30s

Ledger & Accounting Methods

16m

Assignment : Fundamental Accounting Principle

39s

Assignment : Fundamental Accounting Principles

42s

Steps of Bookkeeping Process Part-1

12m 45s

Steps of Bookkeeping Process Part-2

17m 7s

Assignment : Steps of Bookkeeping Process

39s

Importance of Bookkeeping Process

15m 39s

What are Fixed Assets

12m 16s

Assignment : Importance of Bookkeeping

48s

Assignment : Importance of Bookkeeping

45s

What is Bank Reconciliation

16m 1s

Example of Bank Reconciliation Statement (BRS)

13m 59s

Assignment : Bank Reconciliation

1m 7s

Introduction to Payroll

15m 6s

Transactions with Payroll

13m 45s

Assignment : Payroll Management

40s

Financial Statements

13m 6s

Financial Statements with Example

15m 57s

Assignment : Financial Statements

1m 7s

Course Summary

2m 8s

Interview Question in Fundamentals Of Accounting And Bookkeeping

4m 20s

Career Guideline

2m 9s

FAQs

A journal entry is normally recorded in the general ledger, but it can also be recorded in a subsidiary ledger and then rolled forward into the general ledger. The financial statements for the company are then created using the general ledger.

The date, the amount of the debit and credit, the titles of the accounts being debited and credited (with the title of the credited account indented), and a brief explanation of why the journal entry is being recorded are all included in each journal entry.

The goal of a journal entry is to carefully and accurately document every business transaction, whether physically or online. If a transaction has an impact on numerous accounts, the journal entry will provide that information.

Standard Journal Entries are used to record entries that have the same general ledger account numbers but will be filed with different amounts each time. Payroll Accrual is a good example. TO MAKE A STANDARD JOURNAL ENTRY, FOLLOW THESE INSTRUCTIONS: Select General Journal Entry from the General Ledger Main menu.

Recommended Courses

Share With Friend

Have a friend to whom you would want to share this course?

Download LearnVern App

App Preview Image
App QR Code Image
Code Scan or Download the app
Google Play Store
Apple App Store
598K+ Downloads
App Download Section Circle 1
4.57 Avg. Ratings
App Download Section Circle 2
15K+ Reviews
App Download Section Circle 3
  • Learn anywhere on the go
  • Get regular updates about your enrolled or new courses
  • Share content with your friends
  • Evaluate your progress through practice tests
  • No internet connection needed
  • Enroll for the webinar and join at the time of the webinar from anywhere