General Accounting

Course Number: ABA

Course Code: ABA

Topics in analyzing source documents, recording business transactions in a journal and posting entries in a ledger. How to prepare a trial balance, gather adjustment data and complete a worksheet are covered, as well as how to prepare financial statements and post-closing entries.

Note: General Accounting is a prerequisite for Analyzing Financial Statements.

Learning Objectives

  • Describe the basic accounting cycle and define the basic elements used such as asset, liability, owner’s equity, revenue, and expense accounts and posting debits and credits
  • Post to the general journal and general ledger, and prepare adjusting entries
  • List the steps in the accounting cycle; prepare a post-closing trial balance and interim statements and the statement of owner’s equity
  • Prepare a classified income statement and balance sheet, compute working capital and current ratio and journalize closing entries for a business
  • Identify and perform functions relative to bank accounts and cash funds

Audience: Bank personnel at any level with little or no accounting background

Prerequisites: None

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Member Price: $600.00
Non-Member Price: $725.00
Textbook Charge: $0.00

Credits: 3

Start Date: 11/09/2020
End Date: 03/12/2021
Length: 16 Weeks
Start Time: 12:00 am
End Time: 12:00 am
Day: Online
Location/Room: Online Instructor-Led

ABA Training