Bookkeeping - The First Principles

At the end of the course participants will be familiar with the basic principles of double entry bookkeeping, and will have prepared trial balances, profit and loss accounts and balance sheets to a basic level. 

Participants will be introduced to the basic principles of double entry bookkeeping, along with accounting records, types of business and methods of bookkeeping. 

Participants will be shown how to: 

• Open accounts for individual transactions 
• Post entries to T-accounts 
• Record cash and credit transactions 
• Extract a trial balance 
• Preparation of a profit and loss account and balance sheet 

Who should attend: 

This is part of the Early Careers Year 1 programme