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

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

Steps of Bookkeeping Process Part-1

Fundamentals of Accounting And Bookkeeping Steps of Bookkeeping Process

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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

Fundamental Principles of Accounting

5m 45s

Accounting Assumptions

14m 30s

Ledger & Accounting Methods

16m

Assignment : Fundamental Accounting Principle

39s

Assignment : Fundamental Accounting Principles

42s

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

Accounting is the practise of keeping track of a company's financial activities. Summarizing, analysing, and reporting these transactions to oversight authorities, regulators, and tax collection entities are all part of the accounting process.

The final phase in the accounting cycle is to prepare a post-closing trial balance. After closing entries, it is ready to assess the equality of debits and credits. The post-closing trial balance only contains actual accounts because temporary accounts have already been terminated.

For individual records, ledger posting entails entering information in the ledger, in relevant accounts from the journal. The debited account is posted to the debit side, while the credited account is posted to the credit side of the same account.

The debit balance is the amount of cash required in the customer's account after the execution of a security purchase order in order for the transaction to be properly settled.

A trial balance is a list of all the general ledger accounts in a business's ledger (including income and capital). The name of each nominal ledger account and the value of that nominal ledger balance will be included in this list. There will be a debit balance or a credit balance in each nominal ledger account.

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