PART-TIME | INTERLAKE CAMPUS PERPP-NA Personal/Professional Development

Courses and Descriptions

BUSA-9049The Basics of Bookkeeping

How do you keep track of the day-to-day financial transactions of a business?  Whether you are looking to advance in your career, or you are an entrepreneur, (or maybe you are a part of a family business), this course will help you if you are looking to understand the numbers.  The Basics of Bookkeeping course will help you understand, and know how to record, every penny that comes into your business and every penny that goes out of your business.  This course shows you how to create a chart of accounts that meet your needs.   All of the money you spend, and all of the money you earn, have a place to go.  How do your record them?  What are debits and credits?  What do the numbers mean?  How do I label accounts?  Even if you outsource your bookkeeping needs, you should still have a basic understand of what happens with the money earned and the money spent.  No one should be blind to his or her finances!  In this course you will learn where the numbers go, and why!  You will learn the bookkeeping terminology as well as what it means to keep track of the numbers.  At the end of the cycle, what do the numbers mean?  The Basics of Bookkeeping will show you how to keep track of the numbers and why!

After taking this course, you will be able to:

  • evaluate the financial transactions and events of a business
  • record these transactions in the appropriate accounts
  • balance the general ledger at month's end
  • complete the accounting equation
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Red River College endeavours to provide the most current version of all program and course information on this website. Please be advised that classes may be scheduled between 8:00 a.m. and 10:00 p.m. The College reserves the right to modify or cancel any course, program, process, or procedure without notice or prejudice. Fees may change without notice.