Master the fundamental building blocks of accurate financial record-keeping that every accounting professional needs. This course empowers you with essential double-entry bookkeeping knowledge to recognize normal account balances and execute precise month-end adjusting procedures using QuickBooks.

Accounting: Balance Ledgers & Adjust Entries

Accounting: Balance Ledgers & Adjust Entries
This course is part of multiple programs.

Instructor: Hurix Digital
Access provided by Xavier School of Management, XLRI
Recommended experience
What you'll learn
Double-entry bookkeeping keeps accounts balanced and prevents systematic errors in financial records.
Knowing normal account balances helps detect posting errors and maintain ledger accuracy.
Month-end adjustments ensure accurate accrual accounting and reflect true financial position.
Verifying total debits equal credits provides an error check to prevent fraud and miscalculations.
Skills you'll gain
Tools you'll learn
Details to know

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January 2026
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There are 2 modules in this course
Learners will master the fundamental principles of double-entry bookkeeping by identifying which account categories naturally carry debit balances versus credit balances, providing the essential foundation for accurate financial record-keeping.
What's included
3 videos1 reading2 assignments
Learners will execute the complete month-end adjusting entry process, including identifying adjustment needs, recording entries in QuickBooks, and verifying ledger balance integrity using systematic procedures employed in professional accounting environments.
What's included
2 videos2 readings3 assignments
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