Description
Key Learning Objectives:
- Define the scope and significance of accounting, elucidating its purpose within organizational contexts.
- Display comprehension of the fundamental double-entry accounting principle.
- Apply knowledge to accurately record various transactions and events in accounting ledgers.
- Describe the procedures for handling cash and bank transactions, encompassing bank reconciliations.
- Execute account reconciliations to ensure accuracy and completeness of financial records.
- Generate basic financial statements tailored for both corporate and non-corporate entities.