For those of you who will start learning about accounting, you should try this accounting tutorial application. This application contains complete material for introduction of accounting from start to finish. Accounting materials that exist in this application are selected for easy to understand for beginners. Here's a list of the material in this app:
- What is Accounting? Its Definition and Meaning
- Purpose of Accounting
- Users of Financial Statements
- Types of Accounting (Branches, Specializations)
- Areas of Accounting Practice
- Types of Business and Forms of Ownership
- Basic Accounting Principles
- Accounting Elements: Assets, Liabilities, and Capital
- The Accounting Equation and How It Stays in Balance
- Accounting Equation: More Examples
- Expanded Accounting Equation
- Double Entry Accounting System
- The Accounting Cycle: 9-Step Accounting Process
- Fundamental Accounting Concepts: Summary
- Financial Statements Introduction: An Overview
- Income Statement a.k.a. Profit and Loss Statement
- Statement of Changes in Owner's Equity
- Balance Sheet a.k.a. Statement of Financial Position
- Statement of Cash Flows
- Understanding and Analyzing Business Transactions
- Rules of Debit and Credit: Left versus Right
- The Chart of Accounts & ndash; Example and Explanation
- Journal Entries: Recording Business Transactions
- More Journal Entry Examples
- Posting to the Accounting Ledger
- Trial Balance: Testing the Equality of Debits and Credits
- Correcting Entries for Errors Detected
- Introduction to Adjusting Journal Entries
- Adjusting Entry for Accrued Income
- Adjusting Entry for Accrued Expense
- Adjusting Entry for Unearned Income
- Adjusting Entry for Prepaid Expense
- Depreciation Expense
- Bad Debts Expense
- Adjusted Trial Balance
- How to Prepare an Income Statement
- How to Prepare a Statement of Owner's Equity
- How to Make a Balance Sheet
This is a free app