FARFree

Financial Accounting

Master the fundamentals of financial accounting including the accounting equation, journal entries, the accounting cycle, and financial statement preparation.

5
Lessons
123
Questions
18
Flashcards
Question Difficulty
Easy 6 Medium 49 Hard 68
0 of 5 lessons completed
~75 min estimated

Lessons

What you'll learn

  • Assets = Liabilities + Equity
  • Example: Starting a Business
  • The Rules of Debits and Credits
  • T-Account Visualization
  • Recording Transactions
  • Purchasing Equipment on Credit