Course Content
Introduction to Financial Accounting
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Basic Terms of Financial Accounting
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Rules of Debit & Credit and Analysis of Transaction
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Practice for Financial Statements(Both Trading and Servicing Businesses)
In this, I have uploaded 2 videos in which I have taught how to prepare income statement, balance sheet and closing entries without making adjusted trial balance.Then I have uploaded some practice for you and I will update this list in the future too BECAUSE THE MOST IMPORTANT SECTION OF FFA IS ACCOUNTING CYCLE.
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Accounting for Sales Tax
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Fundamentals of Financial Accounting
About Lesson

Video Link: https://youtu.be/ihP2h8Qdb7w

“Discover the essentials of suspense accounts and one-sided errors in this comprehensive tutorial!

Learn when and how to open a suspense account, and how it helps in correcting accounting discrepancies. Explore scenarios where multiple accounts are involved, but the suspense account is still used to resolve the issue. Watch as real-world examples are analyzed, journal entries are corrected, and transactions are posted to the suspense account.

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Exercise Files
Solution-Correction of Errors-One Sided 1.pdf
Size: 689.59 KB