Description
Sales are a part of any business. Whether you are selling a service or a product, it is important to understand the various accounting components of the sales process to help keep financial statements and accounting reports accurate and useful. However, the accounting entries vary based on whether you are using the cash or accrual basis of accounting. In this course, we will discuss the accounting entries that need to be made during each stage of the sales process, the role of bad debt expense, and how this works in conjunction with the Accounts Receivable and Allowance accounts on the balance sheet.
Required Knowledge: None
Advanced Preparation: None
Who Should Attend: Small business owners who want to better understand how the sales process, accounting records, and financial statements fit together
- On Demand
Registration Fees
| Registration | Type | Price |
|---|---|---|
| Member | Member | $60 |
| Non Member | Non Member | $175 |
The North Carolina Association of Certified Public Accountants is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org/.For information regarding refund, complaint, program cancellation or other policies, visit our Registration Policies page or call 800-469-1352.