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Accounting 1

Accounting principles govern how accountants calculate and present the details of a company’s financial operations, such as net earnings, gross income, and net cash provided by operating activities. These details can be found in such places as quarterly balance sheets or income statements, 10-Q filings, or annual reports.


There are general rules and concepts that govern the field of accounting. These general rules–referred to as basic accounting principles and guidelines–form the groundwork on which more detailed, complicated, and legalistic accounting rules are based. For example, the Financial Accounting Standards Board (FASB) uses the basic accounting principles and guidelines as a basis for their own detailed and comprehensive set of accounting rules and standards.

Course Curriculum

Course Outline 00:00:00
Ch01:-Accounting in Action
Lesson 1 00:00:00
Ch02:-The Recording Process
Lesson 2 00:00:00
Ch03:-Adjusting The Accounts
Lesson 3 00:00:00
Lesson 4 00:00:00
Ch05:-Accounting for Merchandising Operations
Lesson 5 00:00:00
Lesson 6 00:00:00
Ch07:-Accounting Information Systems
Lesson 7 00:00:00
Ch08:-Fraud, Internal Control, and Cash
Lesson 8 00:00:00
Ch09:-Accounting for Receivables
Lesson 9 00:00:00
Ch10:-Plant Assets, Natural Resources, and Intangible Assets
Lesson 10 00:00:00
Ch11:-Current Liabilities and Payroll Accounting
Lesson 11 00:00:00
Ch12:-Accounting for Partnerships
Lesson 12 00:00:00
Ch13:-Corporations: Organization and Capital Stock Transactions
Lesson 13 00:00:00
Final Examination
Final Exam 01:00:00

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  • $10.00 $7.00
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