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Introduction to bookkeeping and accounting
Introduction to bookkeeping and accounting

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Learning outcomes

After studying this course, you should be able to:

  • understand and apply the essential numerical skills required for bookkeeping and accounting

  • understand and explain the relationship between the accounting equation and double-entry bookkeeping

  • record transactions in the appropriate ledger accounts using the double-entry bookkeeping system

  • balance off ledger accounts at the end of an accounting period

  • prepare a trial balance, balance sheet and a profit and loss account.