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Course Introduction

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Debits and Credits
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Anonymous
(Accounting clerk) | Feb 17, 2016

I would like more detailed information about T accounts. I understand there is a debit and a credit. Would like more in depth learning on what typical accounting events affect each side and why. Thank you

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Blair Cook
View Instructor Profile | Feb 17, 2016

I personally don't teach T-accounts because I find they confuse students more often than they help. However, I recognize that others will disagree. For me, I think of debits as positive numbers and credits as negative numbers and the two must balance out overall.

For those people who like T-Accounts, the left side represents debits, the right side credits. The entries on the left must equal the entries on the right. So its the same idea when you add up all the different T-accounts. Lesson 3 "posting entries" would cover the equivalent of a T-account discussion.

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  Course Overview CPE
Course Syllabus
INTRODUCTION AND OVERVIEW
  1:13PREVIEW: Course Introduction
Accounting Basics
  Debits and Credits21:43
  Preparing Journal Entries20:41
  Posting Entries12:31
  Preparing Financial Statements13:55
Continuous Play
  Accounting 101 – How To Do Basic Accounting In One Hour full video1:10:03
SUPPORTING MATERIALS
  Slides: Learn Core Accounting Concepts in 1 HourPDF
  Learn Accounting in 1 Hour Glossary/IndexPDF
  Excel Schedulesxlsx
REVIEW & TEST
  REVIEW QUESTIONSquiz
 FINAL EXAMexam