Learn the basics of double-entry bookkeeping for the recording of financial transactions, which forms the basis of all the accounting programs used today. Gain an understanding of what the computer accounting programs do by first learning to do it manually. You will learn how to identify, evaluate, record and post everyday financial transactions using basic accounting principles and procedures including journal entries, ledgers, sub-ledgers, control accounts, payroll entries and bank reconciliations. You will become familiar with processes used to ensure accuracy, including how to prepare a trial balance and reconcile accounts. In addition, you will learn to prepare balance sheets and income statements.