• Unit 2: Recording Business Transactions

    There is a specific way that financial data is recorded, so a foundational understanding of this process is necessary. Understanding the meaning and use of concepts like journals, journal entries, ledger, trial balance, debits and credits, and vertical/horizontal analysis is an important part of studying financial accounting.

    Completing this unit should take you approximately 8 hours.

    • 2.1: Debits and Credits

    • 2.2: The Accounting Process

    • Unit 2 Assessment

      • Receive a grade