Back to Tracking assets and sales
Learner Reviews & Feedback for Tracking assets and sales by Intuit
1,339 ratings
About the Course
In this second course, you will dive deeper into the world of bookkeeping and focus on accounting for assets. If you are familiar with bookkeeping basics, such as double entry accounting, you are ready for this course. You will gain an understanding of common asset types, learn how to account for inventory, calculate cost of goods sold, and work with Property, Plant, and Equipment (PP&E). Upon completing this course, you will use your new knowledge of assets to record transactions and produce financial statements for increasingly complex business situations.
By the end of this course, you will be able to:
-Summarize the common types of assets a business may have
-Describe the importance of control over inventory
-Outline how depreciation expense is reported on an income statement
-Illustrate how transactions can be recorded in terms of the resulting change in the elements of the accounting equation.
Course 1 Bookkeeper Basics, or the equivalent, is a recommended prerequisite for this course.
Top reviews
MA
May 19, 2023
I found the course to be excellent! The course was easy to understand quizzes were great to determine if you were assimilating the information. The tests were comprehensive.
LC
Oct 19, 2021
Overall great course. Still unclear about some things and there is no way to clarify. That would make it better. But besides that this course is well done.
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