ACCOUNTING & LEARNING

Double Entry & Bookkeeping Academy

Learn double-entry bookkeeping by keeping the books of a made-up coffee roaster, Lumen Coffee Roasters. Eight modules and 25 lessons: the accounting equation, debits and credits (DEAD CLIC), T-accounts, day books and sales tax, petty cash, ledgers and control accounts, bank reconciliation, the trial balance, errors and the suspense account, accruals and prepayments, depreciation and disposals, irrecoverable debts, inventory, final accounts, incomplete records and partnerships. Twelve simulations: post a month at the posting desk, balance off T-accounts, enter invoices in the day books, run the petty cash box, reconcile the control account and the bank, hunt errors, make the year-end adjustments, build the final accounts, rebuild a shop’s missing figures, share a partnership’s profit and run Lumen for a year. Practice questions with new figures every time, in dollars, euros or pounds.

Ready to try · Learn double-entry bookkeeping by keeping the books of a made-up coffee roaster, Lumen Coffee Roasters. Eight modules and 25 lessons: the accounting equation, debits and credits (DEAD CLIC), T-accounts, day books and sales tax, petty cash, ledgers and control accounts, bank reconciliation, the trial balance, errors and the suspense account, accruals and prepayments, depreciation and disposals, irrecoverable debts, inventory, final accounts, incomplete records and partnerships. Twelve simulations: post a month at the posting desk, balance off T-accounts, enter invoices in the day books, run the petty cash box, reconcile the control account and the bank, hunt errors, make the year-end adjustments, build the final accounts, rebuild a shop’s missing figures, share a partnership’s profit and run Lumen for a year. Practice questions with new figures every time, in dollars, euros or pounds.