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Foundations

Accounting Basics

Learn real accounting fundamentals — journal entries, debits and credits, the accounting equation, core vocabulary, T-accounts, and spotting an entry that doesn't balance — in a free, hands-on practice course. No software required, no cost.

Free — no cost, no account limits
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What you'll practice
  1. What Is a Journal Entry?
  2. Debits & Credits — Which Side Increases What
  3. The Accounting Equation
  4. Record a Journal Entry — Buying on Credit
  5. Record a Journal Entry — Revenue Earned
  6. Common Accounting Vocabulary
  7. Balance a Simple T-Account
  8. Spot the Error — Does the Entry Balance?
  9. Put It Together — A Multi-Line Entry
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