Accounting 104 - Bank Reconciliation & Correction Of Errors

Learn to reconcile differences between the Cash Book & The Bank Statement, and Pass correction of error entries!

4.14 (50 reviews)
Udemy
platform
English
language
Accounting & Bookkeeping
category
instructor
Accounting 104 - Bank Reconciliation & Correction Of Errors
3 626
students
1 hour
content
Apr 2019
last update
$34.99
regular price

What you will learn

Students will be able to reconcile differences between the Cash Book & The Pass Book (Bank Statement)

Students will be able to identify errors & pass correction entries

Why take this course?

🧵 Unlock the Secrets of Bank Reconciliation & Correction of Errors with "Accounting 104"!

🚀 Course Title: Accounting 104 - Bank Reconciliation & Correction Of Errors

🎓 Your Journey Begins Here: This course is part 4 in a comprehensive series designed to transform novices into proficient accountants. Dive into the fascinating world of accounting, where every transaction tells a story. Whether you're starting with zero knowledge or just brushing up on your skills, this course will guide you through each step with patience and clarity.

🌍 Real-Life Scenarios: We believe in learning by doing! This course is packed with real-life examples that bring accounting principles to life. You'll engage with practical scenarios that reflect the challenges and intricacies of managing financial records.

🌱 Perfect for Beginners: This is a slow-paced, beginner-friendly course. It's tailored to ensure you understand each concept thoroughly before moving on to the next. If you're already familiar with accounting basics, consider joining a more advanced course instead.

📚 Course Outline:

  • Understanding the Differences 📚 - Uncover why your Cash Book and Pass Book might show different balances and how to resolve these discrepancies.
  • Calculating the Adjusted Balance ✏️ - Master the art of calculating the adjusted balance, a critical step in bank reconciliation.
  • Creating the Bank Reconciliation Statement 💼 - Learn to prepare an accurate Bank Reconciliation Statement with our step-by-step guidance.
  • Identifying and Rectifying Errors 🔍 - Get to grips with the four main types of accounting errors: Omission, Commission, Principle, and Compensating Errors.
  • Correcting Entries in the General Journal 📝 - Gain confidence in making correction of error entries through real-world practice.
  • Hands-On Practice 🤯 - Put your skills to the test with abundant opportunities for practice, ensuring you're ready to tackle any accounting challenge that comes your way.

🎯 Career Goals: Upon completing this series, students who meet the necessary prerequisites and local regulations can aspire to enter the workforce as Book Keepers or Accountants. Remember, mastery of these concepts requires consistent practice outside of the course to excel in real-world applications.

🛠️ Tools for Success: With "Accounting 104," you'll be equipped with the knowledge and skills necessary to navigate the complexities of bank reconciliation and error correction. This is your stepping stone to a successful career in accounting.

🚀 Take the Next Step: Are you ready to unlock the full potential of your accounting abilities? Enroll in "Accounting 104 - Bank Reconciliation & Correction Of Errors" today and join a community of learners who are on their way to becoming accounting experts! 💼✨

Screenshots

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2327796
udemy ID
18/04/2019
course created date
20/11/2019
course indexed date
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