Course content

90 lessons

1.1-1.2 · What accounting is for, and the accounting equation

0/10

2.1 · Double entry: the two sides of every transaction

0/12

2.2-2.3 · Books of prime entry: list first, then post

0/10

Returns inwards and returns outwards

The cash book, and a contra entry

Trade discount and cash discount

Petty cash and the imprest system

The general journal and its narrative

The February sprint

Exam practice: a new business

Books of prime entry: quick revision

3.1-3.2 · The trial balance

0/7

3.3 · Bank reconciliation

0/9

3.4 · Sales and purchases ledger control accounts

0/9

5.1 · The income statement: working out profit

0/9

5.1 · The statement of financial position

0/9

4.1-4.5 · Year-end adjustments

0/15

2.2-2.3 · Books of prime entry: list first, then postLesson 1 of 10Free preview

Why a list comes before the ledger

A dozen documents land on Tuhin’s desk in a week. A book of prime entry lists each one before it reaches the ledger.