Account registration, registration and settlement

Overview 

Registering, Recording, and Settling Accounts If your organizational role is associated with accounting or finance, you will probably need sound financial information and a proper understanding of the fundamentals of accounting, posting, and balancing your organization’s records. In this course, you will learn the basics. accounting, such as the stages in the accounting cycle that take place after the transactions have been identified and analyzed. You will learn how to perform vital financial management activities, including how to make entries in the general and special registers and how to post those transactions from the accounts to the general and secondary registers. You will also learn how to draw up check balances and enter adjustment data.

Objectives

• Recognize the columns to be filled in when entering data in the general register
• Recognize the descriptions in the special registers used
• Recognize the order in which the accounts are usually organized in a general register
• Differentiate the control accounts from the secondary registers special in general
• ordering the steps for preparing a checking balance
• recognizing the main features of the types of checking balances performed in the accounting cycle
• ordering the steps for adjusting a record