Double-Entry Bookkeeping: Record & Balance
Completed by Sonia Jean Foley
January 9, 2026
1 hours (approximately)
Sonia Jean Foley'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: Accounting Records
- Category: General Accounting
- Category: Standard Accounting Practices
- Category: Transaction Processing
- Category: Accounting Systems
- Category: Bookkeeping
- Category: Ledgers (Accounting)
- Category: Balancing (Ledger/Billing)
- Category: General Ledger
- Category: Accounting
- Category: QuickBooks (Accounting Software)
- Category: Accounting Software
