Course curriculum

    1. Excel Download

    2. 10 Corporation Comp Prob Introduction

      FREE PREVIEW
    3. Excel Download

    4. 20 Corporation Comp Prob Stock Purchase

      FREE PREVIEW
    5. Excel Download

    6. 30 Corporation Comp Prob Equipment Purchase

      FREE PREVIEW
    7. Excel Download

    8. 40 Corporation Comp Prob Supplies Purchase

      FREE PREVIEW
    9. Excel Download

    10. 50 Corporation Comp Prob Revenue on Account

      FREE PREVIEW
    11. Excel Download

    12. 60 Corporation Comp Prob Customer Payment Unearned Revenue

      FREE PREVIEW
    13. Excel Download

    14. 70 Corporation Comp Prob Purchase Insurance

      FREE PREVIEW
    15. Excel Download

    16. 80 Corporation Comp Prob Unhide and Hide pains

    17. Excel Download

    18. 90 Corporation Comp Prob Pay Vendor One Account

    19. Excel Download

    20. 100 Corporation Comp Prob Receive Cash on Account

    21. Excel Download

    22. 110 Corporation Comp Prob Revenue for Cash

    23. Excel Download

    24. 120 Corporation Comp Prob Pay Expenses

    25. Excel Download

    26. 130 Corporation Comp Prob Dividends

    1. Excel Download

    2. 140 Corporation Comp Prob Adj Entry Insurance

    3. Excel Download

    4. 150 Corporation Comp Prob Adj Entry Supplies

    5. Excel Download

    6. 160 Corporation Comp Prob Adj Entry Depreciation

    7. Excel Download

    8. 170 Corporation Comp Prob Adj Entry Wages

    9. Excel Download

    10. 180 Corporation Comp Prob Adj Entry Unearned Revenue

    1. Excel Download

    2. 190 Corporation Comp Prob Financial Statements Assets

    3. Excel Download

    4. 200 Corporation Comp Prob Liability & Equity

    5. Excel Download

    6. 210 Corporation Comp Prob Net Income

    7. Excel Download

    8. 220 Corporation Comp Prob Statement of Equity

    1. Excel Download

    2. 230 Corporation Comp Closing Entry One

    3. Excel Download

    4. 240 Corporation Comp Closing Entry Two

    5. Excel Download

    6. 250 Corporation Comp Closing Entry Three

    7. Excel Download

    8. 260 Corporation Comp Closing Entry Four

About this course

  • $39.00
  • 53 lessons
  • 4 hours of video content

Pricing options

Explain how different pricing options might be valuable to different segments of your audience.

Course Description

Full accounting cycle comprehensive corporate problem where we will enter journal entries into the general journal related to setting up a corporation and to the first month of operations.

What you'll learn

  • Enter accounting transaction
  • Enter journal entries into a general journal
  • Post journal entries to a general ledger
  • Create a trial balance from a general ledger
  • Enter adjusting entries
  • Create an adjusted trial balance
  • Create financial statements from the trial balance
  • Build a balance sheet
  • Build an income statement
  • Build a statement of stockholders’ equity
  • Navigate an Excel worksheet
  • Enter standard Excel formulas

We will enter the normal financial transaction for a month of operations, recording the debits and credits, or journalizing the financial transactions in the general journal.

We will perform these tasks using preformatted Excel worksheets. Even though this is a comprehensive problem, each new step will have a new Excel worksheet so that we can jump forward or go back and rework any component of the comprehensive problem.

Each new step in the process will include an Excel worksheet with at least two tabs, one demonstrating the completed task, and one with a preformatted worksheet to complete the task in a step by step format along with instructional videos.

Once we have journalized the journal entries, we will post them to the general ledger and then create a trial balance from the general ledger.

After completing the accounting transactions for the month, we will enter adjusting journal entries for the month, using an adjusting entry worksheet, the result being an adjusted trial balance.

We will use the adjusted trial balance to create the financial statements, to create the balance sheet, income statement, and statement of shareholders’ equity.

Finally, we will enter the closing entries to prepare for the next accounting period, the next month of operations. We will use a four-step closing process.

Robert (Bob) Steele CPA CGMA CPI MStax

Instructor

Through working with students from many different schools, Mr. Steele has learned best practices for helping people understand accounting fast. Learning new skills and finding the best way to share knowledge with people who can benefit from it is a passion of his.

Mr. Steele has experience working as a practicing Certified Public Accountant (CPA), an accounting and business instructor, and curriculum developer. He has enjoyed putting together quality tools to improve learning and has been teaching, making instructional resources, and building curriculum since 2009. He has been a practicing CPA since 2005. Mr. Steele is a practicing CPA, has a Certified Post-Secondary Instructor (CPI) credential, a Master of Science in taxation from Golden Gate University, a Bachelor’s Degree in Business Economics with an emphasis in accounting from The University of California Santa Barbara, and a Global Management Accounting Designation (CGMA) from The American Institute of CPA (AICPA).

Mr. Steele has also authored five books that can be found on Amazon or in audiobook format on Audible. He has developed bestselling courses in accounting topics including financial accounting and QuickBooks accounting software.

In addition to working as an accountant, teaching, and developing courses Mr. Steele has helped create an accounting website at accountinginstruction, a YouTube channel called Accounting Instruction, Help, and How Too, and has developed supplemental resources including a Facebook Page, Twitter Page, and Podcasts that can be found on I-tunes, Stitcher, or Soundcloud. Mr. Steele’s teaching philosophy is to make content applicable, understandable, and accessible.

Adult learners are looking for application when they learn new skills. In other words, learners want to be able to apply skills in the real world to help their lives. Mr. Steele’s formal accounting education, practical work experience, and substantial teaching experience allow him to create a curriculum that combines traditional accounting education with practical knowledge and application. He accomplishes the goals of making accounting useful and applicable by combining theory with real-world software like Excel and QuickBooks.

Many courses teach QuickBooks data entry or Excel functions but are not providing the real value learners want. Real value is a result of learning technical skills like applications, in conjunction with specific goals, like accounting goals, including being able to interpret the performance of a business.

Mr. Steele makes knowledge understandable by breaking down complex concepts into smaller units with specific objectives and using step by step learning processes to understand each unit. Many accounting textbooks cram way too much information into a course, making it impossible to understand any unit fully. By breaking the content down into digestible chunks, we can move forward much faster.

Mr. Steele also makes use of color association in both presentations and Excel worksheets, a learning tool often overlooked in the accounting field, but one that can vastly improve the speed and comprehension of learning accounting concepts.

The material is also made understandable through the application of concepts learned. Courses will typically demonstrate the accounting concepts and then provide an Excel worksheet or practice problems to work through the concepts covered. The practice problems will be accompanied by an instructional video to work through the problem in step by step format. Excel worksheets will be preformatted, usually including an answer tab that shows the completed problem, and a practice tab where learners can complete the problem along with a step by step presentation video.

Mr. Steele makes learning accounting accessible by making use of technology and partnering with teaching platforms that have a vision of spreading knowledge.