Hampton Book Store Bookkeeping Practice Set

[LeeAndro]

Last updated 8/2022MP4 | Video: h264, 1280x720 | Audio: AAC, 44.1 KHzLanguage: English | Size: 1.90 GB | Duration: 3h 7m

Bookkeeping Practice Set

What you'll learn
Practice implementing basic bookkeeping knowledge
Apply the skills you've learned in our other courses
Understand the methods for small business bookkeeping
Experience practical, on-hands, tracking and management of accounting activity
Requirements
There are no prerequisites for the course but it will help if you've been through Bookkeeping Basics courses #1 and #2.​

Description
Put your learning and skills to work using this one-of-a-kind, online video practice set. Work through a month of day-to-day transactions tracking financial activity for a fictitious, college bookstore. At the end of the month, practice entering adjusting entries, year-end closing entries, footing and balancing accounts, and preparing financial reports.Instructor Ron Trucks walks you through every step of the process including closing out the fiscal year and resetting your books to start a new year. Each step of the process includes explaining the upcoming work, analyzing and journalizing each piece of the financial activity, and checking your answers using the answer sheets provided. Also, Ron takes the at the close of each week to explain what happened and how the work papers should look.Designed for students, bner bookkeepers, and experienced pros wanting to brush up on their skills, the Hampton Book Store Practice Set is a guided journey offering the opportunity to complete the work in both manual and electronic formats. Users can print out work papers and work through them using a pencil, an eraser, and a calculator. OR... The support materials also include the entire set in electronic format using pre-formatted files in both Excel and Google Sheets.Along with all the materials included for this specific course, enrollment also includes free membership in bsnsAtlas' PRIVATE, members-only Facebook group where developers, instructors and students from around the world are available around the clock to assist you and encourage you on through the process.

Overview

Section 1: Introducing the Practice Set

Lecture 1 What Is A "Practice Set"

Lecture 2 What's Included

Lecture 3 Resources For The Introduction

Lecture 4 Tips For The Experience

Lecture 5 Meet The Hampton Book Store

Section 2: Setting Up Your Work

Lecture 6 Remembering It All...

Lecture 7 How The Practice Set Works

Lecture 8 Resources - Set Up

Lecture 9 Setting It All Up!

Lecture 10 Explaining The Quizzes

Section 3: Week #1

Lecture 11 Resources For The Transactions

Lecture 12 Week #1 - Explaining This Week's Activities

Lecture 13 Week #1 - Analyze and Journalize Week #1

Lecture 14 Week #1 - Posting To The T-Accounts

Lecture 15 Check Week #1

Section 4: Week #2

Lecture 16 Week #2 - Explaining the Activities

Lecture 17 Week #2 - Analyzing and Journalizing

Lecture 18 Week #2 - Posting To The T-Accounts

Lecture 19 Check Week #2

Section 5: Week #3

Lecture 20 Picking Up The Pace

Lecture 21 Week #3 - Analyzing, Journalizing, and Posting

Lecture 22 Check Week #3

Section 6: Week #4

Lecture 23 Week #4 - Analyzing, Journalizing, and Posting

Lecture 24 Foot and Balance

Lecture 25 Pre-Adjustment Trial Balance

Lecture 26 Check Week #4

Section 7: End Of The Month

Lecture 27 Resources For The Adjustments

Lecture 28 Setting Up The Worksheet

Lecture 29 Adjusting Entries

Lecture 30 Journalizing and Posting The Adjustments, Post-Adj Trial Balance

Lecture 31 Income Statement and Balance Sheet

Section 8: End Of The Year

Lecture 32 Resources For Closing

Lecture 33 Refresher On Closing

Lecture 34 Closing Revenue

Lecture 35 Closing Expenses

Lecture 36 Closing Income Summary and Draw / Preparing Final Trial Balance

Section 9: Reference Section

Lecture 37 Manual vs Excel

Lecture 38 Analyze or Journalize

Section 10: What's Next

Lecture 39 BONUS: Extras for YOU!

Students who want to apply their previous bookkeeping learning.

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