Addictive Accounting 1.1.21

An Interactive Accounting Textbook with an Accounting Software Simulator.

Experience over 4 hours of FREE bookkeeping lessons and practice problems.

This course introduces a groundbreaking approach to teaching bookkeeping and accounting that is accessible to all. Regardless of your prior knowledge in bookkeeping or accounting, this course equips you with the necessary skills. It has gained recognition as an exceptional college accounting prep course due to its integrated accounting software simulator that thoroughly prepares students of all levels for advanced accounting.

The course is thoughtfully divided into manageable sections, averaging 2 to 5 minutes each.

Rest assured, there are no advertisements or personal data collection involved.

SIMPLIFIED EXPLANATIONS

Consider this an indispensable companion course for accounting students and business owners alike.

A COURSE FOR ALL COUNTRIES

Whether you are based in the USA, Europe, Canada, Africa, Asia, or the Middle East, our Addictive Accounting course caters to your needs. The universal application of the double-entry bookkeeping system ensures that financial measuring remains standardized worldwide. Once you grasp the fundamental concepts of this system, understanding how your specific country practices financial measurement will be a breeze.

A COURSE FOR ALL ACCOUNTING SOFTWARE

Learning multiplication and division without first mastering addition and subtraction leaves you at a disadvantage. Similarly, attempting to navigate accounting software without a solid foundation in the double-entry bookkeeping system is counterproductive. By familiarizing yourself with the double-entry bookkeeping system through this course, you will seamlessly develop proficiency in using ANY professional accounting software.

PLENTY OF PRACTICE

True comprehension of bookkeeping and accounting can only be achieved through hands-on experience. This is why the Addictive Accounting app includes an exclusive interactive accounting simulator. The simulator guides you in creating and interpreting all the necessary journal entries required to manage a business, leveraging the journal, general ledger, chart of accounts, and financial statements.

UPON COMPLETION, YOU WILL UNDERSTAND:

• The journal, general ledger, and chart of accounts
• The relationship between property and ownership
• Assets, Liabilities, Capital, and Profit
• The true meanings of debit and credit
• How to make journal entries
• How to record purchases and sales
• How to record sales tax
• Accounts receivable and payable
• Commonly used bookkeeping accounts
• How to reconcile
• Profit margin and gross and net profit
• Normal and contra balances
• The difference between cash, modified cash, and accrual profit
• Depreciation and how to calculate and record it
• Cash statement
• Profit statement
• Equity statement
• Balance sheet
• How to record paying contractors
• How to record paying employees
• The payroll registry
• Deductions and withholdings
• Income taxes
• And much more!