[100% Free #Udemy Course] Accounts from Incomplete Records

What will I learn?

• Find out Profits from Incomplete Records
• Understand the weakness of Imcomplete Records in Accounts

Who is this for?

• Accounting Students
• Finance Students
• Entrepreneurs interested in finding profits but does not have complete records

What are the requirements?

• Basics of Accounting
• Good Internet Connection with PC / Tablet / Laptop / Mobile

Course description

Welcome to the course Accounts from Incomplete Records.

We have to digest a fact that not all business concerns records their financial transactions using Double Entry System of Book Keeping. 

Yes! Business concerns who don't have systematic approach for book keeping will have only partial records. However, they should also know what is their Profit of Loss position. In such cases, we can find out the Profit or Loss using Single Entry System . This method is not a scientific / valid method. But, in the absence of information, some how we have to find Profit / Loss and this method will help us. 

Accounts from Incomplete Records means only Personal and Cash Accounts are maintained and Real and Nominal Accounts were not maintained. It means, all the business transactions are not recorded in the books. 

We can arrive at the profits using Net Worth Method or Conversion Method and all these are discussed in this course. 

This course is structured in self paced learning style.

Video lectures are used for explaining the concepts.

Welcome to this course once again!

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About Mustapha

I am online instructor at Udemy. My passions are: Mobile and Web Development, Entrepreneurship and Management. You can read my full biography on My Udemy Page. Feel free to follow me social media to know more about me and the topics and courses I'm teaching.

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