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Online Registration

The Basics of Bookkeeping

Dates: October 4-29, 2021

Meets: Online; work at your own pace

Registration Fee: $195.00

There are 18 openings remaining at this time.

There are 18 openings remaining at this time.

How do you keep track of the day-to-day financial transactions of a business? Whether you are looking to advance in your career, or you’re an entrepreneur, (or maybe you are a part of a family business), this course will help you if you are looking to understand the numbers.

The Basics of Bookkeeping course will help you understand, and know how to record, every penny that comes into your business and every penny that goes out of your business. This course shows you how to create a chart of accounts that meet your needs. All of the money you spend, and all of the money you earn, have a place to go. How do your record them? What are debits and credits? What do the numbers mean? How do I label accounts? Even if you outsource your bookkeeping needs, you should still have a basic understand of what happens with the money earned and the money spent. No one should be blind to his or her finances!

In this course you will learn where the numbers go, and why! You will learn the bookkeeping terminology as well as what it means to keep track of the numbers. At the end of the cycle, what do the numbers mean? The Basics of Bookkeeping will show you how to keep track of the numbers and why!

Course Outline

Unit 1 The Accounting Equation and Chart of Accounts
a. The accounting equation
b. The chart of accounts for a business
c. Temporary accounts (Revenue and Expenses)
d. Where the accounts fall under the accounting equation

Unit 2: Journals and the General Ledger
a. Special Journals
b. General Journal
c. The General Ledger Accounts

Unit 3: Recording Transactions
a. The Rules
b. Debits and Credits
c. T-Accounts
d. Using journals to record transactions

Unit 4: Month End Closing
a. Adjusting Entries
b. Posting to the General Ledger
c. End of month account balances

Course Objectives
- Students will gain an understanding of the accounting equation and the importance of making it balance.
- Students will gain an understanding of how to create a chart of accounts that matches the needs of a business.
- Students will learn how to classify accounts appropriately under the accounting.
- Students will learn how to record journal entries for the financial transactions and events of a business.

Course Outcomes
- Upon successful completion of the course you will:
- Evaluate the financial transactions and events of a business
- Record these transactions in the appropriate accounts
- Balance the general ledger at month's end
- Complete the accounting equation

About Your Instructor
Sharon deFonteny has a degree in Business Education with a concentration in Accounting, and spent many years in Corporate America working in Accounting and Finance. For the past 5 years she has created and taught online Business courses for Bucks County Community College. Her experience in business, as well as experience in teaching, has allowed her to help people understand the Accounting and Finance process.

About Online Learning
Online learning is a fun, enjoyable and very productive way to learn. Millions of people are learning online each year. You will engage with and get to know the instructor and other participants. You may make friends. It's easy. It's fun.

How the Course Works
It's easy to participate in this online course! An email invitation will be sent by the Wednesday prior to the course start date with details to login and manage the course. You will be given a web address to go to enter the classroom along with a password. Use your email address and password to gain access.

Once inside the online classroom, here's what you can expect.

Participate when you want
You can participate any time of day or evening. The online classroom is open 24 hours a day, seven days a week. There are no live real-time requirements or meetings. You decide when you participate. For the best learning, participants should log into the course on two to three different days of the week.

What you will do
For each unit, you will:
- Access the online readings
- Listen to the audio presentation for the unit and view the slides
- Take a self-quiz to see how much you have learned
- Engage in written online discussion with your instructor and other participants
- Make comments on the discussion board (try to make one or more comments at two to three different times each day to keep up with the conversation).

The content (readings, audio lectures, slides) and self-quizzes are accessible for the entire course, so you can work ahead or go back and review again at your convenience.

Discussion
The discussion for each unit lasts one week. All comments are made in writing (no audio required) and can be made at any time of the day or night.
Your instructor will log into the discussion area at least once a day and answer questions, make comments and respond to comments by you and the other participants.
We encourage you to make two or three comments each day to maximize your learning and enjoyment of the course.

Still have questions? We are here for you! Call 440.525.7116 or send an e-mail to ceinfo@lakelandcc.edu and we will help in any way we can.

Notes:

An email invitation will be sent prior to the course start date with details to login and manage your online course. Please NOTE: to eliminate the possibility of the email invitation filtering as spam, add teacher@ugotclass.org to your Safe Senders List. Call 440-525-7116 if you encounter any problems.
Fee: $195.00
Hours:16.00
CEUs:1.60

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