QuickBooks® Training

Here is a sample of the subject matter covered in our QuickBooks® training courses.

The Five Types of Accounts

•  Assets

•  Liabilities

•  Equity

•  Revenue

•  Expense

The Balance Sheet

• Assets:  The Business Owns Stuff

• Liability:  The Business Owes Stuff (To outsiders (non-owners)

• Equity:  The Business Owes Stuff   (To insiders (business owners)

• The Balance Sheet

Assets and Liabilities

Current Versus Non-Current

• - Current Means Short Term
• - Non Current Means Long Term

Equity 

• Owner’s Equity (Proprietorship)

• Partner’s Equity

• Members Equity (LLC)

• Stockholder’s Equity

• Common Stock

• Preferred Stock

• Treasury Stock (Contra-account)

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Last modified: 08/04/06