This course provides a comprehensive understanding of key accounting principles related to assets. It covers topics such as revenue recognition, bad debt expense, and various inventory methods including FIFO, LIFO, and average cost. The course is designed to help learners comprehend how these concepts impact financial statements and the importance of matching costs with sales.

Basics of Accounting for Assets


Basics of Accounting for Assets

Instructor: Bruce Busta
Access provided by L4G Solutions Private Limited
Gain insight into a topic and learn the fundamentals.
Beginner level
Recommended experience
1 hour to complete
Flexible schedule
Learn at your own pace
What you'll learn
Revenue recognition
How bad debt expense and the allowance for doubtful accounts impact financial statements
Differentiate between FIFO, LIFO, and average cost inventory methods
Skills you'll gain
Details to know

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Assessments
1 assignment
Taught in English
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There is 1 module in this course
This course provides a comprehensive understanding of key accounting principles related to assets. It covers topics such as revenue recognition, bad debt expense, and various inventory methods including FIFO, LIFO, and average cost.
What's included
4 videos4 readings1 assignment
Instructor

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