Financial Accounting Issues

Going Out on Your Own: Journal Entries - Cash

Cash is a fundamental part of every business. For this reason, it is important to make sure that cash is accounted for properly and reconciled regularly. In this course, we will learn about several journal entries related to cash. We will also talk about bank reconciliations – why they are important, what they do, and how to know if something is out of balance. This course is fundamental for any business owner or bookkeeper!

Learning Objectives:

After completing this course, participants should be able to:

  • Recall what transactions do and do not touch the cash account.
  • Identify the journal entries necessary to void a check and stop payment on a check.
  • Recognize what a bank reconciliation does.


Prerequisites/Advanced Preparation:

None


Speaker / Author:

David R. Peters is a Certified Public Accountant (CPA) and Certified Financial Planner (CFP), with over fifteen years of experience in financial services. He was formerly the Chief Financial Officer of Compare.com and has been a financial advisor since 2015. He holds master's degrees in accounting, business administration, and financial services and is pursuing a Ph.D. in Financial Planning & Retirement Income at The American College. He is currently a continuing education instructor for the American Institute of Certified Public Accountants, Surgent, and Kaplan Professional, and the President and owner of David Peters Financial Group Inc, Peters Tax Preparation & Consulting PC, and Peters Financial LLC.

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Price (USD)

Standard: $24.95

Details

Course Code : 99PET50

Release Date : 05/13/2024
Expire Date : 03/31/2025
Credits :
CPE 1.00
QAS 1.00

Length : 50min
Course Level : Overview
Course Type : QAS Self-Study
Passing Grade : 70%
Format Type : eLearning
Mobile Compatible
Field Of Study : Accounting

Theme : Financial Accounting Issues

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