Project 4

Project 4: Starting an Accounting System

 

Project Introduction

 

Before a business can open its doors to the public, it needs to set up books to keep accurate records of its finances. This project consists of five training rooms to show you how to set up these books. The training rooms are as follows:

 

Training Room 1: The Beginning Balance Sheet

Suggested Time: 160 minutes

 

Training Room 2: Chart of Accounts

Suggested Time: 160 minutes

 

Training Room 3: Opening the Ledger

Suggested Time: 160 minutes

 

Training Room 4: Opening Entry

Suggested Time: 160 minutes

 

Training Room 5: Posting the Opening Entry

Suggested Time: 160 minutes

 

Continue to Training Room 1, where Sakineh, the financial management trainer, will walk you through preparing a beginning balance sheet.

 

FIN1015 Learn EveryWare © 2009 Alberta Education