Course curriculum

  • 1

    Introduction

    • Intoduction

    • Learning Outcomes
  • 2

    Glossary

    • Accrual Accounting versus Cash Accounting

    • Recognition Criteria

    • Accrual Accounting - Activity
  • 3

    Accrual Accounting - Journal Entries

    • Receiving Cash In-Advance (Unearned Revenue)

    • Unearned Revenue - Hall Rentals

    • Selling Goods and Services - Accounts Receivables

    • Operating/Other Expenses - Accounts Payable

    • Journal Entries - Activity
  • 4

    Accrual Accounting - Proration

    • Proration

    • Prepaid Insurance

    • Bank Interest

    • Employe Wages/Salaries
  • 5

    Closing

    • Closing