• Unit 2: Recording Business Transactions

    This unit of the course correlates with Chapter 3 of the primary text. There is a specific way that data is recorded, so a foundational understanding of this process is necessary. Understanding the meaning and use of concepts like journal, journal entries, ledger, trial balance, debits and credits, and vertical/horizontal analysis is an intricate part of your financial accounting study.

    Completing this unit should take you approximately 6 hours.

    • 2.1: Debits and Credits

    • 2.2: The Accounting Process

    • Unit 2 Assessment