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

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

Journal Entry in Accounting

17m 44s

Cases where Journal Entry is required

16m 19s

Assignment : Journal Entry

1m 44s

Quiz : Journal Entry

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

Ledger & Accounting Methods

Fundamentals of Accounting And Bookkeeping Fundamental Accounting Principle

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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

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

Journal Entry in Accounting

17m 44s

Cases where Journal Entry is required

16m 19s

Assignment : Journal Entry

1m 44s

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

Businesses that utilise the double-entry accounting technique, in which each financial transaction impacts at least two sub-ledger accounts and each entry contains at least one debit and one credit transaction, use a general ledger.

  • There are 3 types of Ledgers.
  • Sales Ledger.
  • Purchase Ledger.
  • General Ledger.

Journal and ledger are commonly used in business, accounting, and finance. They are the main types of accounting books that record financial transactions like deposits, withdrawals, payments and receipts. Journal is often used by large businesses while ledger is generally used by small businesses

The ledger account is formatted in T. It is split into two sections. The debit side is on the left, and the credit side is on the right. There are four columns on each side.

The ledger's job is to take the entries made in the journal and total up all transactions that effect a particular account. It displays your total monthly Widget A sales, as well as your total payroll and postage expenses for that month.

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