Basic Bookkeeping

Numbers! Numbers! Numbers! Wherever you go, you are bound to see them. On addresses, license plates, phones, prices, and of course, money! Numbers connect us all to each other in many more ways than we might imagine. Essentially, our world revolves around numbers. Some of us enjoy dealing with numbers while others may have a fear of them, or even a phobia. For those of you who have already recognized and appreciate the impact that numbers actually have on just about everything, you deserve a cookie. Welcome to Basic Bookkeeping!

Course Topics:
-Understanding basic accounting terminology
-Identifying the differences between the cash and accrual accounting methods
-Keeping track of your business by becoming familiar with accounts payable and accounts receivable
–Using a journal and general ledger to document business financials
–Utilizing the balance sheet
–Identifying different types of financial statements
–Uncovering the reasons for and actually create a budget
–Being familiar with internal and external auditing