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BA-201

Financial Accounting

When you finish, you can

Read and build the three financial statements, record transactions correctly, and judge a company's health from its ratios.

Start hereYou need BA-101 or basic business sense. Keep a spreadsheet open; every chapter has entries you record yourself.

9 hours total5 Chapters20 Lessons1 Exams3 CreditsFREE
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Debate a counselor

Take a position on Financial Accounting. The AI counselor argues the other side, asks you questions back, and cites a source for every fact it states. Sources listed under a reply are the pages it actually found; if none are listed, it is arguing from reasoning only. It is an AI and it can be wrong: check the sources.

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    A room for people taking this course, in any language, translated for every reader. Open breakout rooms for one question at a time.

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    Course Syllabus

    9h total

    Practice

    1. Set up a chart of accounts for a lemonade stand or a freelance business.
    2. Record ten transactions as debits and credits; prove the equation balances after each.
    3. Record one sale on credit two ways: cash basis and accrual basis.

    Check

    You paid a year of insurance up front. Under accrual accounting, how much is expense this month, and where does the rest sit?

    Topics Covered

    accountingfinancial-statementsgaap

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