This theory course will introduce you to business bookkeeping principles. You will learn about the different type of transactions and journals.
You will learn how to enter receipts and payments into the cashbook and do bank reconciliation.
You will learn about Petty Cash transactions and how to balance the petty cash. The next chapter covers Purchases and the Accounts Payable Ledger. You will then learn about Sales and the Accounts Receivable Ledger. You will also be introduced to the General Ledger, Trial balances, Income statements and Balance Sheets.