ONCE1160 - General Ledger and Month End Procedures
Course Description
In this course, you will learn how to post journal entries to the correct general ledger accounts impacted by each transaction. This course will show you how to make sure your general ledger balances at the end of each month by preparing an unadjusted trial balance. You will learn how to look for errors when you don’t balance, and how to determine to correct entries. After posting correcting entries and/or adjusting entries, you will verify debits and credits equal with an adjusted trial balance. This course also goes through the steps of performing monthly bank reconciliations.
Course Outline
Learner Outcomes
- Post journal entries to the general ledger accounts
- Prepare an unadjusted trial balance
- Prepare any necessary correcting entries and adjusting entries
- Prepare an adjusted trial balance to verify general ledger balances
- Perform monthly bank reconciliations
Notes
Instructor: Sharon deFonteny, has a degree in Business Education with a concentration in Accounting and spent many years in Corporate America working in Accounting and Finance. For the past 5 years, she has created and taught online Business courses for Bucks County Community College. Her experience in business, as well as experience in teaching, has allowed her to help people understand the Accounting and Finance process.
The Bookkeeping Certificate courses must be taken in the below order (the classes build off each other):
Applies Towards the Following Certificates
- Certificate in Bookkeeping : Certificate in Bookkeeping