Accounting Terms and Definitions

Understand the various accounting terms and begin your accounting journey.

Accounting Terms and Definitions

Understand the various accounting terms and begin your accounting journey.
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About the Class

It follows a virtual classroom teaching methodology comprising 2 hours of video lecture that explain concepts with examples.

Each section is designed to cover a specific topic which makes learning easy and self-paced.

What will you learn in this course?

Section 1 Basic accounting Terms - This section contains video tutorials that help in understanding following basic accounting terms :

  • What is accounting?
  • What is a financial transaction/business transaction?
  • What is a voucher?
  • What is a journal?
  • What is the ledger account?

Section 2 Advanced accounting Terms - This section contains video tutorials that help in understanding following advanced accounting terms :

  • What is capital and drawings?
  • What is assets and liabilities?
  • What is revenue and receipts?
  • What is debtors/receivables?
  • What is expenses purchases and expenditures?
  • What is payables/creditors?
  • What is profit and loss?
  • What is stock/inventory?

Section 3: Test your understanding by solving the quiz.

Author

Vanijyavidya

Accounting and Finance Tutorials
Vanijyavidya designs structured online courses for topics related to Accountancy and Finance

School

Vanijyavidya's School

Requirements

You should have the ability to understand and interpret English.

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What's Included

Language: English
Level: Beginner
Skills: Expenses Purchases, Expenditures, Journal, Ledger Account, Financial Transaction, Voucher, Accounting, Business Transaction
Age groups: All ages
Duration: 2 hours 1 minute
6 Videos
1 Quiz
0
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