Professional Bookkeeping and Accounting 4 - The Trial Balance and More faq

learnersLearners: 9,899
instructor Instructor: The Excel Club instructor-icon
duration Duration: duration-icon

Learn the essential steps to create a trial balance, prepare payroll journals, and understand control accounts with this Professional Bookkeeping and Accounting 4 course. Enroll now and master the skills needed to become a successful bookkeeper.

ADVERTISEMENT

Course Feature Course Overview Course Provider Discussion and Reviews
Go to class

Course Feature

costCost:

Free

providerProvider:

Alison

certificateCertificate:

No Information

languageLanguage:

English

Course Overview

❗The content presented here is sourced directly from Alison platform. For comprehensive course details, including enrollment information, simply click on the 'Go to class' link on our website.

Updated in [June 30th, 2023]

This Professional Bookkeeping and Accounting 4 course provides an overview of the accounting steps needed to create a trial balance from daily transactions. Learners will gain an understanding of the need for journals and how to produce and prepare the journals day books to record both incoming and outgoing monies. The course will also cover the preparation of the payroll, including calculating gross pay and net pay, and the need for employers to deduct payroll journals. Control accounts and their function will be introduced, as well as the preparation of the Trial Balance, which brings together a summary of all the transactions for a given period. Finally, learners will learn the steps to take if the debits and credits do not balance. Upon completion of this course, learners will have improved their bookkeeping and accounting skills and knowledge.

[Applications]
Upon completion of this course, students should be able to apply their knowledge of bookkeeping and accounting to create a trial balance from daily transactions, prepare payroll journals, use control accounts, and prepare a trial balance. Additionally, students should be able to identify and address any discrepancies in the trial balance.

[Career Paths]
One job position path that is recommended to learners of this course is a Bookkeeper. Bookkeepers are responsible for maintaining accurate financial records for businesses and organizations. They are responsible for recording and tracking all financial transactions, including purchases, sales, receipts, and payments. They also prepare financial reports, reconcile bank statements, and manage accounts payable and receivable.

The development trend for bookkeepers is towards increased automation and digitalization. Bookkeepers are increasingly using software and cloud-based solutions to streamline their processes and reduce manual data entry. They are also becoming more involved in financial analysis and decision-making, as businesses rely more heavily on their financial data. As businesses become more complex, bookkeepers are also expected to have a greater understanding of accounting principles and financial regulations.

[Education Paths]
The recommended educational path for learners of this course is to pursue a degree in Accounting. This degree typically consists of courses in financial accounting, managerial accounting, auditing, taxation, and business law. Students will learn how to analyze financial statements, prepare financial reports, and use accounting software. They will also gain an understanding of the legal and ethical aspects of accounting. Additionally, they will develop the skills necessary to interpret financial data and make informed decisions.

The development trend of accounting degrees is to focus on the use of technology in the field. This includes the use of artificial intelligence, machine learning, and data analytics to analyze financial data. Additionally, courses are being developed to teach students how to use cloud-based accounting software and how to use data to make decisions. As the field of accounting continues to evolve, the educational path for learners will need to keep up with the changing trends.

Course Syllabus

Introduction to this course

Find out more and download the workbooks

Journals

By the end of this lesson you will be able to explain the use of a journal

Payroll and related taxes

Payroll is a perfect example of transactions that need to be entered to a general ledger with a journal. In this module, you will learn how to account for payroll

Control Accounts

Learn about control accounts, their purpose and how to use them

Trial Balance

Learn what a trial balance is and how to create and troubleshoot it.

Course assessment

Course Provider

Provider Alison's Stats at AZClass

Discussion and Reviews

0.0   (Based on 0 reviews)

Start your review of Professional Bookkeeping and Accounting 4 - The Trial Balance and More

faq FAQ for Accounting Courses

Q1: How do I contact your customer support team for more information?

If you have questions about the course content or need help, you can contact us through "Contact Us" at the bottom of the page.

Q2: Can I take this course for free?

Yes, this is a free course offered by Alison, please click the "go to class" button to access more details.

Q3: How many people have enrolled in this course?

So far, a total of 9899 people have participated in this course. The duration of this course is hour(s). Please arrange it according to your own time.

Q4: How Do I Enroll in This Course?

Click the"Go to class" button, then you will arrive at the course detail page.
Watch the video preview to understand the course content.
(Please note that the following steps should be performed on Alison's official site.)
Find the course description and syllabus for detailed information.
Explore teacher profiles and student reviews.
Add your desired course to your cart.
If you don't have an account yet, sign up while in the cart, and you can start the course immediately.
Once in the cart, select the course you want and click "Enroll."
Alison may offer a Personal Plan subscription option as well. If the course is part of a subscription, you'll find the option to enroll in the subscription on the course landing page.
If you're looking for additional Accounting courses and certifications, our extensive collection at azclass.net will help you.

close

To provide you with the best possible user experience, we use cookies. By clicking 'accept', you consent to the use of cookies in accordance with our Privacy Policy.