Closing Procedures and Financial Statements
In this course, you will learn how to determine your profit/loss, close the books and prepare financial statements: the Income Statement and the Balance Sheet. You will prepare your books for the new year.
Welcome
Week 1 - Agenda
Unit 1: The Accounting Cycle
Unit 1 - Presentation
Unit 1 Quiz
Week 2 - Agenda
Unit 2: The Income Statement & Statement of Changes in Owner's Equity
Unit 2 - Presentation
Unit 2 Quiz
Week 3 - Agenda
Unit 3: The Balance Sheet
Unit 3 - Presentation
Unit 3 Quiz
Week 4 - Agenda
Unit 4: Closing Entries and Post-Closing Trial Balance
Unit 4 - Presentation
Unit 4 Quiz
Final Project ~ Getting Started
Final Project ~ Complete the Process.
Final Project - Answer Key