Accounting Books: What are the legal and mandatory books? And how do accounting records relate to the accounting cycle and the trial balance as a container that preserves data and ensures its tracking—Digital Basket.

The difference between payment and expense: When does payment become an asset as a prepaid expense and when is it recognized as an expense? Explanation of expense recognition timing with practical examples—Digital Basket.

General Ledger Guide: How to post to the ledger, balance accounts, and read the account statement to detect anomalies and errors before closing the period—Digital Basket.

Real and nominal accounts: the difference between balance sheet accounts and income statement accounts, and what temporary and permanent accounts mean and how balances are transferred and closed at the end of the period—Digital Basket.

Sub-ledgers: How does a customer sub-ledger and a supplier sub-ledger connect with control accounts in the general ledger? An explanation that ensures detail matches the total without gaps—Digital Basket.

Exercises on the accounting equation: 20 solved accounting problems and practical applications and case studies to help you understand the impact of transactions on assets, liabilities, and equity—Accounting training on Digital Basket.

Trial Balance: How to prepare a trial balance with balances and totals, and how to use the balance to quickly detect posting and entry errors before preparing statements—Digital Basket.

Double entry explains the Double Entry System theory and how both sides of the entry work to ensure balance, with an overview of the documentation cycle and accounting mechanics from document to ledger—Digital Basket.

Balanced Trial Balance Errors: Errors that do not appear in the trial balance such as compensating errors and principle errors, and how to catch them through analytical tests and matches—Digital Basket.

Double Entry System: Why is it important and how does it weigh each financial transaction? Learn about the history of double entry and the difference between single and double entry with examples illustrating the accounting logic—Digital Basket.

Bank Reconciliation Step by Step: Preparing a bank reconciliation statement, handling outstanding checks, and reconciling bank discrepancies to accurately close accounts and reduce error risks—Digital Basket.