Accounting I (WMA)

Accounting I (WMA)
Presents accounting principles & it's application to various businesses. This course covers the accounting cycle, income determination, & financial reporting. Studies services, merchandising, & includes internal controls.

Certificate: 3 Univ credit CLEP/DSST/TECEP/ECE




Lesson content


College credit & Studying Resources

Ch.1-1 - Introduction

Accounting I Syllabus

Ch.1-2 - Equations

Ch.1-3 - Income Statement

Ch.1-4 - Statement of Owners Equity

Ch.1-5 - Balance Sheet

Ch.2 - 1 - Double Entry Accounting Rules

Ch.2 - 2 - Journal Entry Tips

Ch.2 - 3 - Journal Entries (Part I)

Ch.2 - 4 - Journal Entries (Part 2)

Ch.2 - 5 - Journal Entries (Part 3)

Ch.2 - 6 - Journal Entries (Part 4)

Ch.2 - 7 - Journal Entries (Part 5)

Ch.2 - 8 - Posting

Ch.2 - 9 - Trial Balance

Ch. 3-1 - Accrual Basis Accounting

Ch. 3-2 - Adjusting Journal Entries (Part 1)

Ch. 3-3 - Adjusting Journal Entries (Part 2)

Ch. 3-4 - Adjusting Journal Entries (Part 3)

Ch. 3-5 - Adjusting Journal Entries (Part 4)

Ch. 3-6 - Adjusting Journal Entry Rules

Ch. 4-1 - Closing Entries (Introduction)

Ch. 4-2 - Closing Entries (Part I)

Ch. 4-3 - Closing Entries (Part 2)

Ch. 4-4 - Post Closing Trial Balance

Ch. 4-5 - Classified Balance Sheet

Ch. 5-1 - Merchandising Journal Entries (Part I)

Ch. 5-2 - Merchandising Journal Entries (Part 2)

Ch. 5-3 - Merchandising Journal Entries (Part 3)

Ch. 5-4 - Merchandising Journal Entries (Part 4)

Ch. 5-5 - Multi-Step Income Statement

Ch. 6-1 - FIFO Method of Inventory Costing

Ch. 6-2 - LIFO Method of Inventory Costing

Ch. 6-3 - Weighted Average Method of Inventory Costing

Ch. 6-4 - Lower of Cost or Market

Ch. 8-1 - Petty Cash

Ch. 8-2 - Bank Reconciliation (Part I)

Ch. 8-3 - Bank Reconciliation (Part 2)

Ch. 8-4 - Bank Reconciliation (Part 3)

Ch. 9-1 - Estimating Bad Debt (Part I)

Ch. 9-2 - Estimating Bad Debt (Part 2)

Ch. 9-3 - Estimating Bad Debt (Part 3)

Ch. 9-4 - Writing Off a Bad Debt

Ch. 9-5 - Notes Receivable (Part I)

Ch. 9-6 - Notes Receivable (Part 2)

Ch. 10-1 - Purchasing Plant Assets (Part 1)

Ch. 10-2 - Purchasing Plant Assets (Part 2)

Ch. 10-3 - Depreciation - Introduction

Ch. 10-4 - Straight Line Depreciation

Ch. 10-5 - Units of Production Depreciation

Ch. 10-6 - Double Declining Depreciation (Part 1)

Ch. 10-7 - Double Declining Depreciation (Part 2)

Ch. 10-8 - Double Declining Depreciation (Part 3)

Ch. 10-9 - Revised Depreciation

Ch. 10-10 - Disposing of Assets (Part 1)

Ch. 10-11 - Disposing of Assets (Part 2)

Ch. 11-1 - Payroll Liabilities (Part 1)

Ch. 11-2 - Payroll Liabilities (Part 2)

Ch. 11-3 - Payroll Liabilities (Part 3)

Ch. 11-4 - Payroll Liabilities (Part 4)

Ch. 11-5 - Notes Payable (Part 1)

Ch. 11-6 - Notes Payable (Part 2)

Ch. 11-7 - Warranty Liabilities

Ch. 12-1 - Forming a Partnership

Ch. 12-2 - Allocating Partnership Income (Part 1)

Ch. 12-3 - Allocating Partnership Income (Part 2)

Ch. 12-4 - Allocating Partnership Income (Part 3)

DSST Exam Detail Principles of Financial Accountin...

DSST Sample Exam Principles of Financial Accounting

Financial Accounting CLEP Prep Test



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