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Learner Reviews & Feedback for Assets in Accounting by Intuit

4.4
stars
1,175 ratings

About the Course

In this second course, you will dive deeper into the world of bookkeeping and focus on accounting for assets. If you are familiar with bookkeeping basics, such as double entry accounting, you are ready for this course. You will gain an understanding of common asset types, learn how to account for inventory, calculate cost of goods sold, and work with Property, Plant, and Equipment (PP&E). Upon completing this course, you will use your new knowledge of assets to record transactions and produce financial statements for increasingly complex business situations. By the end of this course, you will be able to: -Summarize the common types of assets a business may have -Describe the importance of control over inventory -Outline how depreciation expense is reported on an income statement -Illustrate how transactions can be recorded in terms of the resulting change in the elements of the accounting equation. Course 1 Bookkeeper Basics, or the equivalent, is a recommended prerequisite for this course....

Top reviews

OM

Jun 8, 2022

Cool course!Guys, who can't answer question #3 in the last test check this: Trial Balance is a representative of each nominal ledger account and will hold either Debit or Credit Balance, not both.

DO

Sep 1, 2022

The material doesn't lend itself to a captivating tale but it is presented very well and the fact that it can be done at one's own rate is wonderful for those of us who have limited time.

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351 - 355 of 355 Reviews for Assets in Accounting

By David T

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Sep 9, 2023

the case study was very difficult. wish there was a better way for us to get help.

By Sami F

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Oct 25, 2024

You get what you pay for with this free course. Intuit has really lost its edge.

By Fikri T

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Jan 30, 2025

The final exam is filled with errors and mistakes. Very unprofessional

By Emma B

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May 17, 2023

Test at the end had nothing to do with content in the course

By Waleed J

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Feb 8, 2024

i just found out the certificate does no't count