Master the Basics of Accounting: Your Guide to a Free Accounting 101 Course

 Introduction:

Accounting is one of the most essential skills for any business or individual managing their finances. While accounting may seem intimidating at first, understanding the basics can help you save time and money in the long run. Luckily, there are many free resources available online to help you learn the fundamentals of accounting. In this article, we'll share a free Accounting 101 course that covers everything you need to know about basic accounting.

Accounting Fundamentals:

The Accounting 101 course is divided into three modules with a total of 21 lessons. The first module covers the fundamentals of accounting. It includes lessons on the chart of accounts, debit and credit, cash vs. accrual accounting, accounting principles, accounting cheat sheets, and a guide to finance and accounting.

Accounting Entries:

The second module of the Accounting 101 course covers accounting entries. It includes lessons on revenue types, COGS vs. OPEX, CAPEX vs. OPEX, other income and expenses, asset types, owner’s equity, liability types, and common journal entries.

Financial Statements:

The third and final module of the Accounting 101 course covers financial statements. It includes lessons on financial statements 101, financial statements in 2 Minutes, accounting equation, the income statement, balance sheet, and cash flow statement.

Conclusion

Understanding accounting basics is essential for anyone looking to manage their finances, whether in their personal or professional lives. The free Accounting 101 course we shared covers all the essential topics related to accounting. The course is comprehensive, divided into three modules with a total of 21 lessons. It's an excellent resource for anyone who wants to learn accounting or needs a refresher. So, what are you waiting for? Check out the course and start learning today!

Find the links for the lessons below:

Accounting Fundamentals:

1. Chart of accounts - https://bit.ly/3MnlEx5
2. Debit and credit - https://bit.ly/3GsI4cp
3. Cash vs. Accrual accounting - https://bit.ly/3ZLy70p
4. Accounting principles - https://bit.ly/3zF1Mh9
5. Accounting cheat sheet - https://bit.ly/3ZDapUg
6. A guide to finance and accounting - https://bit.ly/3zrgAA9
7. Accounting on a one-pager - https://bit.ly/3LOhgp5

Accounting Entries: 8. Revenue types - https://bit.ly/40OkmiN

1. COGS vs. OPEX - https://bit.ly/43dsT0v
2. CAPEX vs. OPEX - https://bit.ly/3ZRhYXe
3. Other income and expenses - https://bit.ly/3V5aHCo
4. Asset types - https://bit.ly/3ZV90Zc
5. Owner’s equity - https://bit.ly/3LvjgC9
6. Liability types - https://bit.ly/3mjXWas
7. Common journal entries - https://bit.ly/3Vq5fug

Financial Statements: 16. Financial statements 101 - https://bit.ly/3KJsPP0

1. Financial statements in 2 min - https://bit.ly/40OQOll
2. The accounting equation - https://bit.ly/3pab3vC
3. The income statement - https://bit.ly/3m0wLRL
4. The balance sheet - https://bit.ly/3KHym8z
5. The cash flow statement - https://bit.ly/40r