Streamline Your Accounting with Excel Adjusting Entries

This course provides a comprehensive look at period-end adjusting entries crucial for accurate financial reporting on an accrual basis. Through hands-on examples in Microsoft Excel, learners will explore a well-structured accounting worksheet that includes a general journal, trial balance, general ledger, and subsidiary ledgers for accounts receivable, accounts payable, and inventory. By leveraging Excel’s transparency and ease of use, students will gain the tools necessary to perform essential accounting functions effectively.

Participants will learn about the integration of adjusting entries within daily accounting processes, emphasizing how these entries can affect financial statements. You will dive into various types of adjusting entries, including those for accrued interest, prepaid insurance, depreciation, and unearned revenue, providing you the foundational skills necessary for preparing accurate financial data. Each section of the course is designed to conveniently guide you through the complexities of accounting tasks, ensuring solid understanding and application of concepts.

In addition to theoretical knowledge, practical insights are provided through downloadable Excel workbooks that enhance your learning experience. The course wraps up with constructing financial statements from an adjusted trial balance, reinforcing the real-world application of adjusting entries to support sound financial decision-making. Whether you are looking to enhance your accounting skills or seeking to bridge gaps in your knowledge, this course has something valuable for everyone involved in finance and accounting.

What you will learn:

• Know what adjusting entries are and how they fit into the accounting process
• How to enter adjusting and reversing entries for accrued interest
• How to enter adjusting entries for prepaid insurance
• How to enter adjusting entries for depreciation
• How to enter adjusting and reversing entries for unearned revenue
• How to enter an adjusting entry to break out the short-term and long-term portion of loans
• How to create financial statements from an adjusted trial balance

Course Content:

• Sections: 8
• Lectures: 15
• Duration: 4h 17m

## Requirements:

Who is it for?

• Accountants and business professionals
• Students practicing accounting or business

What are you waiting for to get started?

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