Students prepare statements relevant to year end accounting processes synthesizing what they have learned in the previous two courses. Specific topics include adjusting entries, closing entries (with a focus on the adjustment to retained earnings), the preparation of an income statement, retained earnings statement, and a balance sheet, and the procedure for recording the four closing entries. Students will also learn how to prepare the post-closing trial balance.
This course is part of the Introduction to Financial Accounting: The Accounting Cycle Specialization
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Syllabus - What you will learn from this course
Adjusting Entries & Adjusted Trial Balance
The Worksheet
Creating & Analyzing Financial Statements
Closing Entries & The Post-Closing Trial Balance
Reviews
- 5 stars77.58%
- 4 stars13.79%
- 3 stars6.89%
- 1 star1.72%
TOP REVIEWS FROM COMPLETING THE ACCOUNTING CYCLE
The course is well designed and the trainer is really good. It gives a clear picture of an accounting cycle.
I appreciate this introduction course. I will continue to learn more through other more advance course.
This course was a useful and basic introduction to how accounting works.
excellent training. Professor is super knowledgeable easy to understand steps.
About the Introduction to Financial Accounting: The Accounting Cycle Specialization

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