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Bookkeeping Basics Explained (Bookkeeping & Accounting)

via Udemy

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Bookkeeping and accounting explained. Bookkeeping and accounting basics is easy. Simple Bookkeeping and accounting.

What you'll learn:
  • You get an eBook called "Bookkeeping & Accounting Basics"
  • Subtitles/captions available in English, French, German, Hindi, Simplified Chinese, and Spanish
  • Debits and credits
  • Prepare bank reconciliation
  • Prepare balance sheet
  • Prepare income statement
  • Prepare trial balance
  • Record daily bookkeeping journal entries
  • Month-end accrual journal entries
  • Use QuickBooks Online to record transactions

Course +eBook included

In this course you will learn bookkeeping and accounting basics. By the end of this course, you will have a solid understanding of the main accounts in bookkeeping and accounting, the different financial reports, and I will show you step-by-step how to do bookkeeping and accounting.

Each lesson is around 3-5 minutes, and you can learn at your own pace.


  • Taught by a CPA, CA, MBA - Calvin K. Lee

  • Calvin is a top-rated instructor at Schulich School of Business at York University

  • He has 15 years of experience in bookkeeping &accounting

  • He has worked in a Big 4 accounting firm (Ernst &Young LLP)

  • Over 60,000+ students from 176 countries enrolled in his courses

  • Lifetime access to this course, and you receive new lessons and updates for FREE

  • Free eBook included in the course

  • 6 languages subtitles/captions: English, Chinese, French, German, Hindi, and Spanish

  • Certificate of Completion available

  • 30-day money-back guarantee


  • Debits and Credits

  • Basic Bookkeeping Vocabulary

  • Preparing a Bank Reconciliation

  • Bookkeeping Practice Worksheets & Exercises

  • How to Start a Bookkeeping Business or Freelancing

  • Using QuickBooks Online to record transactions

  • Preparing Balance Sheet and Income Statement

  • Accounts Receivable and Accounts Payable

  • Month-end or Year-end Accruals

  • Mortgage or Loan amortization

  • Recording Amortization (Depreciation) of Tangible Capital Assets

  • Recording Term Deposits, and Interest Received from Term Deposits or GIC's

  • Recording Investments, Dividends & Interest Received from Investments

  • Recording a Return of Capital from an Investment

  • Adjusting an Investment to Fair Market Value

  • Recording Dividend Payments to Shareholders

  • Closing Dividends into Retained Earnings

  • Writing-off Bad Debts

  • Setting up Allowance for Doubtful Accounts

  • Setting up Accounting Software

  • Getting Started with Accounting Software

  • Trial Balance

  • Examples of the most common daily bookkeeping journal entries

  • Common Bookkeeping Mistakes

  • And much more!


  • "Mr. Calvin Lee is a really good instructor. If you are a beginner and want to learn in a more specific one you better take this course. He will help you understand. Thank you so much Mr. Calvin!Can't wait to enroll in a new course of yours." - Kimberly B.

  • "This is my first Udemy course & it is very informative, I am learning and grasping ALOT & its exciting and motivating. I feel as though I made a great course and I'm excited to see it through. The layout is good, I appreciate the quizzes and PDF to practice on. Just done in really good taste & I appreciate the effort that was put into it." - Nakia W.

  • "I like how in depth each video is and the description is easy to understand. the examples allow me to thoroughly understand each concept without being confused or unsure. The small quizzes after lectures help me know what I need to recap on." - Emma B.

  • “This course is excellent especially for beginners. Easy to understand from Calvin's simple delivery and explanation of content. I signed up for another one of his courses because I learned so much from his course.” - Dawn D.

  • "All the lessons are useful so far, but I especially like the ones that show how to enter the transactions into the QuickBooks software. The instructor is straight to the point, very easy to follow. It makes so much sense. I am enjoying this course, and my motivation is way higher than when I started." - Kollie Z.

  • "It was very clear. It's easy for a non-native English speaker to understand your courses." - Amina S.

  • "Excellent course taught by a professional person with experience, explained each concept to a very high standard. Degree level explanation, good teacher and worth the money spent." - Jamuna

  • "I like the fact that the course is very short and straight to the point. So far, Calvin's teaching style and his use of a PowerPoint presentation makes the overall course very informative and engaging." - David A.


Taught by

Calvin Lee, CPA, CA, MBA

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