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Hampton Book Store Bookkeeping Practice Set
0( 0 REVIEWS )
2 STUDENTS
3h 25m

Learn how you can practice implementing the basics of bookkeeping and experience hands-on accounting activity.

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Course Skill Level
Beginner
Time Estimate
3h 25m

Instructor

15+ years teaching college and 25+ years coaching business owners brings Ron to the forefront helping students learn using using simple, easy language


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About This Course

Who this course is for:

  • Students who want to apply their previous bookkeeping learning

What you’ll learn: 

  • Practice implementing basic bookkeeping knowledge
  • Apply the skills you’ve learned in our other courses
  • Understand the methods for small business bookkeeping
  • Experience practical, on-hands, tracking and management of accounting activity

Requirements: 

  • There are no prerequisites for the course, but it will help if you’ve been through Bookkeeping Basics courses #1 and #2.

Put your learning and skills to work using this one-of-a-kind online video practice set. Work through a month of day-to-day transactions tracking financial activity for a fictitious, college bookstore. At the end of the month, practice entering adjusting entries, year-end closing entries, footing and balancing accounts, and preparing financial reports.

Instructor Ron Trucks walks you through every step of the process, including closing out the fiscal year and resetting your books to start a new year. Each step of the process includes explaining the upcoming work, analyzing and journalizing each piece of the financial activity, and checking your answers using the answer sheets provided. Also, Ron takes the time at the close of each week to explain what happened and how the work papers should look.

Designed for students, beginner bookkeepers, and experienced pros wanting to brush up on their skills, the Hampton Book Store Practice Set is a guided journey offering the opportunity to complete the work in both manual and electronic formats.

Along with all the materials included for this specific course, enrollment also includes free membership in bsnsAtlas’ PRIVATE, members-only Facebook group where developers, instructors and students from around the world are available around the clock to assist you and encourage you on through the process.

Our Promise to You

By the end of this course, you will have learned basic bookkeeping.

10 Day Money Back Guarantee. If you are unsatisfied for any reason, simply contact us and we’ll give you a full refund. No questions asked.

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Course Curriculum

Section 1 - Introducing The Practice Set
What Is A “Practice Set” 00:00:00
What’s Included 00:00:00
Resources For The Introduction 00:00:00
Tips For The Experience 00:00:00
Meet The Hampton Book Store 00:00:00
Section 2 - Setting Up Your Work
Remembering It All 00:00:00
How The Practice Set Works 00:00:00
Resources – Set Up 00:00:00
Setting It All Up 00:00:00
Explaining The Quizzes 00:00:00
Quiz #1 00:00:00
Section 3 - Week #1
Resources For The Transactions 00:00:00
Week #1 – Explaining This Week’s Activities 00:00:00
Week #1 – Analyze And Journalize Week #1 00:00:00
Week #1 – Posting To The T-Accounts 00:00:00
Check Week #1 00:00:00
Quiz #2 00:00:00
Section 4 - Week #2
Resources For Week 2 00:00:00
Week #2 – Explaining The Activities 00:00:00
Week #2 – Analyzing And Journalizing 00:00:00
Week #2 – Posting To The T-Accounts 00:00:00
Check Week #2 00:00:00
Quiz #3 00:00:00
Section 5 - Week #3
Picking Up The Pace 00:00:00
Resources For Week 3 00:00:00
Week #3 – Analyzing, Journalizing, And Posting 00:00:00
Check Week #3 00:00:00
Quiz #4 00:00:00
Section 6 - Week #4
Resources For Week 4 00:00:00
Week #4 – Analyzing, Journalizing, And Posting 00:00:00
Foot And Balance 00:00:00
Pre-Adjustment Trial Balance 00:00:00
Check Week #4 00:00:00
Quiz #5 00:00:00
Section 7 - End Of The Month
Resources For The Adjustments 00:00:00
Setting Up The Worksheet 00:00:00
Adjusting Entries 00:00:00
Journalizing And Posting The Adjustments, Post-Adjustment Trial Balance 00:00:00
Income Statement And Balance Sheet 00:00:00
Check Answers – EOM 00:00:00
Quiz #6 00:00:00
Section 8 - End Of The Year
Resources For Closing 00:00:00
Refresher On Closing 00:00:00
Closing Revenue 00:00:00
Closing Expenses 00:00:00
Closing Income Summary And Draw, Preparing Final Trial Balance 00:00:00
Check Answers – EOY 00:00:00
Quiz #7 00:00:00
Section 9 - Reference Section
Manual Vs Excel 00:00:00
Analyze Or Journalize 00:00:00
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