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Confused by balance sheets, income statements, or debits and credits? Get accounting concepts broken down step-by-step to build confidence for assignments and exams.

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Brian Krogol

1. Introduction to Accounting

2. Transaction Analysis

3. Accrual Accounting Concepts

4. Merchandising Operations

5. Inventory

6. Internal Controls and Reporting Cash

7. Receivables and Investments

8. Long Lived Assets

9. Current Liabilities

10. Time Value of Money

11. Long Term Liabilities

12. Stockholders' Equity

13. Statement of Cash Flows

14. Financial Statement Analysis

15. GAAP vs IFRS

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This Financial Accounting study guide covers accounting principles, course policies, grading, and exam tips to help you master core concepts and succeed.

MGAB01H3 Introduction to Financial Accounting I – Syllabus and Study Guide

Study Guide - Learn with Videos

Introduction to Adjusting Journal Entries and Prepaid Expenses

Adjusting Entries: Supplies

Adjusting Entries: Unearned Revenue

Adjusting Entries: Accrued Expenses

Adjusting Entries: Accrued Revenues

Adjusting Entries: Depreciation

Summary of Adjusting Entries

Unadjusted vs Adjusted Trial Balance

Closing Entries

Post-Closing Trial Balance

Journal Entries: Debits and Credits

Trial Balance

The Financial Statements

Fundamental Accounting Equation

Accounting Flow Intuition: BASE Formula