Basic Accounting and Bookkeeping for Beginners and Startups

Define accounting simply and understand the elements of accounting with certainty.Record transactions in Accounting Equation and ledger accounts and to Balance ledger accounts.Prepare Trail balance and develop an income statement and statement of financial position.Develop alternative and simple formats of an income statement and statement of financial positions to analyze periodical income and financial position based on customized needs.To make better financial decisions to improve income and financial position.This course is designedto give an insight in to Basic Accounting Concepts from scratch so by the end ofit user will be able make his/her own set of accounts to determine his/her periodicalincome and financial position and to make better financial decisions in lifeand /or Business.Course will start withthe development of simple definition of Accounting followed by the simpleexplanation of process of Accounting. Most valuable feature of this course isthat it will help user to understand elements of accounting through simpleexplanations and examples which will help user to identify elements ofaccounting with utmost certainty.Course is centered aroundten simple financial transactions and instructor will teach how to record themin Accounting Equation and Ledger accounts step by step using double entry bookkeeping method and developed accounting basic magic table then based on thosebalances instructor will guide to prepare Trial balance and Income statementand Statement of financial position.After preparing accountingstatements instructor will guide user on how to improve financial position basedon profit maximization and loss minimization process which make the course a real-lifeexperience and a practical course.So if you are an individual seeking to improve youfinancial position or if you are in the process of starting a business or ifyou already have a small business seeking to grow your business to new levelsinstructor invite you to enroll and learn how to make better financial in lifeand business through basic accounting statements.Who this course is for:No specific target student anyone can enroll and learn how to make better financial decisions in life or business using basics of accounting.