Collections     Accelerator 2.0: Organizational Effectiveness     Accounting

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If your organizational role is related to accounting or finance, you’ll most likely need solid financial acumen and a strong grasp of the accounting basics of recording, posting, and balancing your organization’s books.
In this course, you’ll learn financial essentials related to bookkeeping, such as the steps in the accounting cycle that happen after transactions have been identified and analyzed. You'll learn how to carry out vital financial management activities, including how to make general and special journal entries, and how to post those transactions to accounts in the general and subsidiary ledgers. You'll also learn how to prepare trial balances and make adjusting entries.

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Objectives

Journals, Ledgers, and Trial Balances recognize the columns that need to be completed when making a general journal entry recognize descriptions of commonly used special journals recognize the order in which accounts are typically organized in a general ledger distinguish control accounts from subsidiary ledgers sequence the steps for posting from special journals to ledgers sequence the steps for preparing a trial balance recognize key characteristics of types of trial balances performed within the accounting cycle sequence the steps for adjusting an entry