Double-Entry Bookkeeping: Record & Balance
Completed by Ravi Kumar
May 13, 2026
1 hours (approximately)
Ravi Kumar'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: Bookkeeping
- Category: Transaction Processing
- Category: Accounting Systems
- Category: Ledgers (Accounting)
- Category: General Accounting
- Category: QuickBooks (Accounting Software)
- Category: Accounting Records
- Category: Standard Accounting Practices
- Category: Accounting
- Category: General Ledger
- Category: Balancing (Ledger/Billing)
- Category: Accounting Software
