NCACCCS010 — Advanced Bookkeeping
Prerequisite: Intro to Bookkeeping or equivalent experience. Advanced Bookkeeping revisits topics covered in Intro to Bookkeeping while focusing on basic concepts and standards underlying financial accounting systems. Several important concepts will be studied in detail including accruals, journal entries, allowances for doubtful debts, adjusting entries, revenue recognition, inventory, fixed asset, depreciation, liabilities, income statement, balance sheets, and cash flow statements as well as their interpretation, Full charge bookkeeping will be discussed to help prepare your for Certification in Bookkeeping course.