The Programming Buddy Club Logo
The Programming Buddy Club

Financial Accounting – Subsidiary Ledgers & Special Journals | Free Udemy Course
Scroll Down to get the courseGet The Course

Financial Accounting – Subsidiary Ledgers & Special Journals | Free Udemy Course

Free $84.99100% off
Price expires 1 year ago or 938 uses

Subsidiary ledgers for accounts receivable & accounts payable. Special Journals - Sales journal, purchases journal | Free Udemy Course

4.38
(480 ratings)
37629 students
Last updated 1/2022Course Language EnglishCourse Caption Course Length 11:44:28 to be exact 42268 seconds!Number of Lectures 79
This course includes:
  • 11.5 hours hours of on-demand video
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of completion
  • 1 practice tests
  • 20 additional resources

We record transactions using special journals and track accounts receivable by customer and accounts payable by vendor using subsidiary ledger. We should have a good understanding of debits and credits before this course and we have courses covering debits and credits. We can construct an accounting system where we record every financial transaction using debits and credits in a general journal, posting each journal entry to the general ledger, making the trial balance form the general ledger, and the financial statements from the trial balance. The process of recording every transaction using debits and credits is the process we have used in the past. To reduce the amount of data input when using a manual system, we can group transactions by transaction type and create special journals to record them. An accounting system using special journals can reduce data input by limiting the amount data needed to be input for each transaction due to the format of the special journal. Special journals can also eliminate the need to post each transaction to the general ledger. Rather than posting each transaction to the general ledger special journals are added up at the end of the period and one transaction is then posted for the entire period. Special journals are typically used in a manual system but understanding them helps any system because it helps to see what components of an accounting system are necessary to all accounting systems, which components can be changed, and when changing the format of the system would be beneficial. Automated systems also often general useful reports in a similar format as the special journals. Subsidiary ledgers for accounts receivable and accounts payable are necessary for any system where we make sales on account and purchases on account. In other words, if we make sales and collect money at a later date, we will need to track who owes us money, and if we make purchases and pay at a later date, we will need to track who we owe money to. In addition to instructional video, this course will include downloadable• Downloadable PDF Files• Excel Practice Files• Multiple Choice Practice Questions• Short Calculation Practice Questions• Discussion QuestionsThe PDF files allow us to download reference information we can use offline and as a guide to help us work through the material.Excel practice files will be preformatted so that we can focus on the adjusting process and learning some of the basics of Excel, like addition, subtraction, and cell relationships.Multiple choice example question helps us improve our test-taking skills by reducing the information into the size and format of multiple choice questions and discussing how to approach these questions.Short calculation questions help us reduce problems that have some calculation down to a short format that could be used in multiple choice questions.Discussion Question will provide an opportunity to discuss these topics with the instructor and other students, a process many students find very helpful because it allows us to see the topic from different viewpoints.Who will we be learning from?You will be learning from somebody who has technical experience in accounting concepts and in accounting software like QuickBooks, as well as experience teaching and putting together curriculum.You will be learning from somebody who is a:• CPA – Certified Public Accountant• CGMA – Chartered Global Management Accountant• Master of Science in Taxation• CPS – Certifies Post-Secondary Instructor• Curriculum Development ExportAs a practicing CPA the instructor has worked with many technical accounting issues and helped work through them and discuss them with clients of all levels.As a CPS and professor, the instructor has taught many accounting classes and worked with many students in the fields of accounting, business, and business applications.The instructor also has a lot of experience designing courses and learning how students learn best and how to help students achieve their objectives. Experience designing technical courses has also benefit in being able to design a course in a logical fashion and deal with problems related to technical topics and the use of software like QuickBooks Pro. Content Includes: Accounts receivable subsidiary ledgerAccounts payable subsidiary ledgerSpecial journalsSales journal Purchases journalCash receipts journal Cash payment journal Accounting CycleComprehensive problemExcelDefinitions and key termCPE (Continuing Professional Education)Learning Objectives1. Explain what special journals are and when they would be used.2. Define the accounts receivable subsidiary ledger.3. Discuss when and how the accounts receivable subsidiary ledger would be used.4. Define the accounts payable subsidiary ledger.5. Explain when and how the accounts payable subsidiary ledger would be used.6. Explain what a sales journal is and when it would be used.7. Discuss what a purchases journal is and when it would be used.8. Define what a cash receipts journal is and explain when it would be used.9. Describe what a cash payments journal is and when it would be used.For additional information, including refunds and complaints, please see Udemy Terms of Use, which is linked from the footer of this page.For more information regarding administrative policies, please contact our support using the Help and Support link at the bottom of this page.Who this course is for:Accounting studentsBusiness ownerAnyone who whats to learn accounting

Course Content:

Sections are minimized for better readability, click the section title to view the course content

4 Lectures | 26:18
7 Lectures | 42:09
7 Lectures | 42:53
11 Lectures | 01:08:23
11 Lectures | 01:09:52
7 Lectures | 01:04:28
8 Lectures | 01:10:23
11 Lectures | 03:32:06
13 Lectures | 38:12
0 Lectures | 00:00
4.38
(480 course ratings)
1
4/480
2
7/480
3
76/480
4
171/480
5
222/480

JOIN OUR WHATSAPP GROUP TO GET LATEST COUPON AS SOON AS UPDATED

JOIN WHATSAPP

JOIN OUR TELEGRAM CHANNEL TO GET LATEST COUPON

JOIN TELEGRAM

JOIN OUR FACEBOOK GROUP TO GET LATEST COUPON

JOIN FACEBOOK
If you like to get inspired by great web projects, you should check out Made with Javascript. If you have a project that you wish to share with the world, feel free to submit your project on Made with Javascript Club website.

Free Online Tools And Converters for your use

URL Encoder

Input a string of text or a URL and encode the entered string

Try it

URL Decoder

Input an encoded string of text or a URL and decode the entered string

Try it

Color Contrast Checker (WCAG)

Calculate the color contrast ration for your website (WCAG)

Try it

XML Formatter

Paste or upload an XML and have it formatted to a beautiful XML format

Try it

URL Slug Generator

Convert any title or sentence into a variety of slugs for your pages URL

Try it

E-Signature

Draw an e-signature or type a signature for your online signature

Try it

FAQ: Udemy Free course Most frequent questions and answers

Does Udemy offer Free Udemy coupons?

Yes, Udemy is the largest online education platform, with the broadest selection of video-on-demand courses and qualified instructors available to meet your needs. At theprogrammingbuddy.club we curate the latest udemy coupons, their expiry, and the number of uses left of these udemy coupons.

How to get free Udemy courses?

There are two ways to get free Udemy courses:

  1. Go to udemy.com and search for your desired course category. Then select free from the filter options.
  2. You can also get paid courses for free if you have a coupon. You can head to theprogrammingbuddy.club, where you can get a daily udemy paid course for free.

How to get Udemy Certificates for free?

Udemy offers certification on completion of each course. In order to receive a certificate of completion from Udemy, you need to complete your course 100%. There is a simple hack, you can open a video and jump on the timeline to complete a lecture.

To download the certificate from Udemy, you need to head over to your account on a desktop browser. Udemy certificates can't be accessed on the mobile app.

Do Udemy courses expire?

No, once you enroll, you will have lifetime access to the course. You can complete the course on your schedule.

Why are the Udemy instructors giving away free Udemy Coupons?

Every instructor has worked for hours on each of their courses. As new courses get launched, the instructors have no way to get their course in front of an audience to get some feedback. So, instructors share free coupons for their courses to get feedback from the students. We attheprogrammingbuddy.club work with these instructors to get their courses available to our buddies.

Is Udemy safe to use?

Yes, payments on Udemy are safe. It is no different than paying for other services on an application or website and inputting your payment information before receiving your goods. Just be sure to keep your account secure, do not share your udemy accounts.

Can Udemy courses get you a job?

Earning a skill is more valuable than earning a job these days. Skills are your most valuable asset. They can help you qualify for jobs you want and get promoted to more advanced positions within your organization. Unfortunately, it is difficult for many people to balance taking courses with work and family obligations. We have had many students, who have taken just Udemy courses, started a job as well as started freelancing with the skills they have learned.