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INTRODUCING ACCOUNTING
INTRODUCTION Please watch this video. Title: Introduction to Accounting Duration : 2.08 minutes
Source: https://bit.ly/2IWjiUo What is money as related to accounting? If money is the resource then accounting is the system to track the money. In this course, you will learn the fundamental skills to trade and plan this resource in your business. Welcome to the first unit of BBM205/03 Basic Accounting. The first unit is meant to give you a brief introduction to the Process of Accounting before you start learning how to prepare Journals, Ledgers, Trial Balance, and the detailed Financial Statements. You are going to come across many new terms and concepts. Do not worry if you are not familiar with them at this moment. They will be revisited many times in the other four units. Nevertheless, whenever you meet a new term or concept, be sure to maintain a list of these items cross-referenced to their explanation or definition in the course unit. The actual time you need depends on your rate of study. To complete this unit, you need to work diligently through all the activities. BBM205/03N Basic Accounting
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