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Business & economics · self-study course

Financial accounting fundamentals

Learn statements, double entry and basic analysis with fictional examples.

4 lessons32 quiz questionsUniversity

Your learning path

  1. 01

    Accounting equation

    A resource controlled by an entity from which future benefit is expected.

    University · Notes · 8 questions
  2. 02

    Debits, credits and journals

    A dated record of accounts and debit/credit amounts for a transaction.

    University · Notes · 8 questions
  3. 03

    Financial statements

    A report of revenue and expenses over a period.

    University · Notes · 8 questions
  4. 04

    Ratios and interpretation

    The ability to meet near-term obligations with available resources.

    University · Notes · 8 questions