Introduction to the Course
  • Introduction to the course
Accounting Principles and Fundamentals
  • Download the Free E-Book
  • Section 2 Introduction
  • The Language of Business
  • The Language of Business Quiz
  • Accounting Principles And Assumptions
  • Principles and Assumptions Quiz
  • The Accounting Equation
  • Accounting Equation Quiz
  • Your Review Matters!
  • Specific Transactions and Effects on the Accounting Equation
  • Financial Statements and Relationships
  • Effects on the Accounting Equation Part 1
  • Effects on the Accounting Equation Part 2
  • Exercises
  • Solutions to Exercises
Accounting During the Year
  • Section 3 Introduction
  • Debits and Credits
  • Debits and Credits - Visually Explained
  • Debits and Credits - Quiz
  • Journalizing and Posting - Exercise
  • Accounts Balances
  • Debits and Credits
  • Exercises
  • Solutions to Exercises
Accounting at Year-End
  • Section 4 Introduction
  • What you need to do at the end of the year
  • Deferrals
  • Accrued Expenses - Adjusting, Reversing, and Paying
  • Accrued Revenues - Adjusting, Reversing, Payment
  • The Accounting Cycle - Complete
  • Exercises
  • Solutions to Exercises
Keeping Cash and Bank Reconciliation - A Must Know!
  • Section 5 Introduction
  • Internal Control and Bank Reconciliation - A must!
  • Bank Reconciliation - Explanation and Example
  • Internal Control and Cash Management Concepts - Visual Presentation
  • Petty Cash Fund
  • Exercises
  • Solutions to Exercises
Accounts Receivable - Collections - Not Everyone Pays
  • Section 6 Introduction
  • Accounts Receivable - Collections - Not everyone pays
  • Direct Write-Off Method (Bad Debts)
  • Allowance Method - Percentage of Sales (Bad Debts)
  • Allowance Method - Aging Receivables (Bad Debts)
  • Exercises
  • Solutions to Exercises
Accounting for Merchandising Businesses
  • Section 7 Introduction
  • Accounting for Merchandising Businesses (Retailers)
  • Accounting for Merchandising Businesses
  • Merchandising Operations - Comprehensive Problem
Tracking Inventory - More competitive, save on taxes
  • Section 8 Introduction
  • FIFO, LIFO, Weighted Average Cost
  • FIFO Method (Perpetual Inventory)
  • LIFO Method (Perpetual Inventory)
  • Weighted Average Cost Method (Perpetual Inventory) Moving Average
  • Exercises
  • Solutions to Exercises
Fixed Assets and Depreciation - Get it right!
  • Section 9 Introduction
  • Plant (fixed) Assets and Depreciation
  • Depreciation - Problem Solving (All Methods)
  • Exercises
  • Solutions to Exercises
Accounts Payable and Bonds
  • Section 10 Introduction
  • Bonds
  • Bonds: Issuance, Amortization (Straight line), Maturity
  • Bonds: Amortization (Effective Interest Method)
  • Time Value of Money
  • Bond Pricing - Present Value of Bonds
  • Bonds Exercises
Equity - Stocks and Dividends
  • Section 11 Introduction
  • Overview of Corporations and Stock
  • Issuing Stock (Common and Preferred)
  • Common VS. Preferred Stockholders
  • Cash Dividends Comprehensive Problem
  • Stock Splits Explanation
Investments and Time Value of Money
  • Section 12 Introduction
  • Investments and Time Value of Money
  • Trading Investments
  • Fair Value Adjustment (Example)
  • Held-to-Maturity Investments (Example)
  • Exercises
  • Solutions to Exercises
Statement of Cash Flows
  • Section 13 Introduction
  • Preparing the Statement of Cash Flows - Indirect Method
  • Statement of Cash Flows - Direct Method
  • Statement of Cash Flows