Assets in Accounting by Coursera

This second course will take you deeper into bookkeeping and help you to account for assets. This course is for you if you're familiar with basic bookkeeping concepts, such as double entry accounting. This course will teach you how to identify common assets, account for inventory, calculate the cost of goods sold, and use Property, Plant, and Equipment (PP&E). After completing this course you will be able to use your knowledge of assets to record transactions, produce financial statements for more complex business situations.

This course will help you: -Summarize common assets that a business might have. -Describe how inventory expense is reported on an income statement. -Explain how transactions can be recorded in terms the change in the elements in the accounting equation. This course is recommended as a prerequisite.