Double-Entry Bookkeeping: Record & Balance
Completed by Abich Felix Otieno
February 4, 2026
1 hours (approximately)
Abich Felix Otieno's account is verified. Coursera certifies their successful completion of Double-Entry Bookkeeping: Record & Balance
What you will learn
Understanding the five account types helps correctly classify and record all business transactions.
The accounting equation forms the base of accounting and must always stay balanced for every transaction.
Double-entry bookkeeping ensures accuracy by using a checks-and-balances system to detect errors.
Trial balances help verify correct ledger postings before preparing financial statements.
Skills you will gain
- Category: Standard Accounting Practices
- Category: Balancing (Ledger/Billing)
- Category: General Ledger
- Category: Accounting
- Category: Ledgers (Accounting)
- Category: QuickBooks (Accounting Software)
- Category: Accounting Records
- Category: General Accounting
- Category: Accounting Systems
- Category: Bookkeeping
- Category: Accounting Software
- Category: Transaction Processing
