Bookkeeping: Accounting Foundations

Duration: 1 hour

A trading business sells goods as its primary source of revenue. Goods are a form of asset. Unlike other assets which are obtained and retained by a business, a trading business must rely for its survival on the constant sale of this asset. In this course, you'll learn about the nature of trading businesses and their bookkeeping requirements. You'll also review relevant bookkeeping procedures.

1 Lesson