Bookkeeping Transactions

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About Course

In this module, I will gently hold your hands and guide you through the double-entry bookkeeping system, the associated documents and processes until you arrive at the stage of extracting an initial trial balance before adjustments are made.

You will garner the skills to operate a manual double-entry bookkeeping system and the technical knowledge to operate a computerised accounting system like Sage or Xero.

What Will You Learn?

  • How to apply the secrets of double-entry bookkeeping.
  • The five-stage accounting system
  • How to record financial transactions
  • How to account for petty cash
  • How to prepare the initial trial balance

Course Content

Introduction To Bookkeeping Transactions

Business Documentation Used In Financial Accounting

Recording Credit Sales

Recording Credit Purchases

Double-entry Bookkeeping

Maintaining The Cash Book

Extracting The Trial Balance