Free Special Journals Tutorial
Free Bookkeeping Tutorials
So, you want to learn Bookkeeping ! Special Journals
The special journals tutorial and course introduces and explains what records are required to properly record and classify business transactions. Records discussed and explained include the General Ledger, Control Accounts, Special Journals, and Subsidiary Ledgers.
This tutorial assumes that you have a basic understanding of some accounting terminology, debits and credits, transaction analysis, and the general ledger and general journal. If not, please brush up and take my free So you want to learn Bookkeeping! Introductory Tutorial.
What's Improved
- Broke the Lessons down into segments (more manageable "bites")
- Better Menu System
- Removed some Interactive Links in some tables that might have been a little bit confusing
- Added Videos to emphasize key concepts
- More Mobile Friendly
What’s Covered ?
The Introduction describes the Chart Of Accounts, the Double Entry Bookkeeping System, Accounting Equation, Source Documents, General Ledger, Debits and Credits, and the different types of Special Journals and their Purpose.
Lesson 1 Special Journals, General Ledger Control Accounts, and Subsidiary Ledgers reviews what they are, their purpose, when they are used, and how they are related.
Lesson 2 Sales & Cash Receipts Journals discusses the purpose of these journals, what information is recorded, and provides examples and illustrations of the types of entries that are normally recorded in these journals.
Lesson 3 Purchases & Cash Disbursements (Payments) Journals discusses the purpose of these journals, what information is recorded, and provides examples and illustrations of the types of entries that are normally recorded in these journals.
Lesson 4 Sales & Purchase Return Journals discusses the purpose of these journals, what information is recorded, and provides examples and illustrations of the types of entries that are normally recorded in these journals.
Lesson 5 General Journal discusses the purpose of the General Journal and discusses the types of entries normally recoded in this journal.
Lesson 6 Worksheets and Financial Statements discusses adjusting and closing entries, the Trial Balance Worksheets, and discusses Financial Statements.
Lesson 7 Closing The Books provides examples and illustrations of the how the Worksheets are used, how and why adjusting and closing entries are prepared and posted and the preparation of formal financial statements.
Lesson 8 Review Of Major Concepts provides a review of what we discussed and what you should know
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Special Journals Tutorial-New Version