Bookkeeping Practice-Learn To Do By Doing!
Baldy’s Barber Shop accounting and bookkeeping practice set course was made to provide individuals and students with an overview of how the manual concepts taught in an introductory accounting course can be applied to a manual and computerized accounting system. In addition, the practice set illustrates the benefits of using a computerized accounting and bookkeeping system.
The bookkeeping practice set uses a one month accounting cycle for a fictional business (Baldy's Barber Shop) and is a great way for individuals and students to learn and test the bookkeeping skills needed to properly perform the necessary bookkeeping and accounting tasks. This accounting practice set includes 56 transactions for the month of December that the student records in each of the exercises. Each of the bookkeeping exercises requires between 4 and 6 hours to complete.
Watch the video to quickly determine if you might be interested in this course.
Baldy's Barber Shop Practice Set
An Accounting and Bookkeeping Practice Set in three versions - Manual, Spreadsheets, and Manager Accounting Software
Baldy's Barber Shop is a three-way accounting and bookkeeping practice set that includes both a manual version for completion in writing, a Microsoft® Excel or Libre Office Spreadsheet version, and a Manager Accounting Software computerized accounting software version.
Individuals or students undertaking the manual version first will achieve an understanding of the accounting process (accounting cycle), the Spreadsheet Version illustrates the benefits of using computer applications as an aid in bookkeeping, and the Manager Accounting Software version introduces students to a general business accounting package and the benefits gained from their use.
Completion of this accounting and bookkeeping practice set will help individuals or introductory students of accounting to enhance their understanding of:
- The accounting cycle
- The chart of accounts
- Recording transactions in the general and special journals
- Double-entry accounting
- Posting transactions from journals into the general and subsidiary ledgers
- Preparation of a trial balance and adjusted trial balance
- End-of-period adjustments
- Summarization of financial information on a worksheet
- Preparation of accounting reports, including the profit and loss statement and balance sheet
- Computer Accounting and Bookkeeping Software
About The Course
Detailed Information about this bookkeeping course is provided in the Getting Started Practice Set Guide and Exercise Instructions.
Getting Started Guide
Manual Accounting Exercise
Spread Sheet Exercise
Computer Accounting Exercise
Prior Knowledge Needed
The individual or student should be familiar with basic accounting terms, debits and credits, journals, and financial statements. A free accounting textbook, quick quiz, accounting guides, and my free bookkeeping tutorials are provided to help determine if you might need to “brush up”.
Learn about Accruals, Double Entry Accounting, Debits & Credits, Chart Of Accounts, Journals, and Ledgers.
Let's see if you've got your ducks in a row regarding the chart of accounts, debits and credits, and special journals.
A free accounting textbook, computer accounting guides, and free accounting software.
My Free Bookkeeping Courses
For those individuals needing to brush up, review, or test your bookkeeping knowledge and skills I've provided my free bookkeeping tutorials. The knowledge and skills needed to use my bookkeeping practice set are contained in my beginning bookkeeping and special journals tutorials.
In addition to my bookkeeping courses, I've also provided bookkeeping lectures as an aid for reviewing beginning bookkeeping topics. These free bookkeeping and accounting video lectures and presentations help to reinforce your knowledge and understanding of beginning bookkeeping and accounting topics.
Bookkeeping Tests and Quizzes
See what you know by checking out my Skill Tests, Basic Bookkeeping Tests, Bookkeeping Tests by Topics, and Talking Quizzes with over 150 tests and over 3,000 bookkeeping and accounting practice tests and exam questions and answers providing approximately 50 hours of testing time to help you assess what you know about bookkeeping and accounting. The bookkeeping and accounting practice tests are for self evaluation purposes and no certificates of completion are offered.
This complete accounting practice set course is designed as an offline course and purchased and downloaded as a compressed file (zip file) – BaldysBarberShop.zip. If you only want the manual version of this practice set it is also downloaded as a compressed file (zip file) named BaldyManualSystem.zip.
All forms, worksheets, answers, and instructions for the practice sets including where to get the free software needed for the complete bookkeeping course are included.
How Much ?
This is a new course and during its initial launch for a limited time the full course's normal fee of $49.95 is reduced to only $29.95. A saving of approximately 50%. You also have the option of only purchasing the "ole fashion" Manual Version of Baldy's Practice set for only $9.95.
Unlike other Practice Sets, this is a one time fee that allows the purchaser to make as many copies as they need to distribute to students with no additional fees required as long as the materials are used for educational purposes.
Purchase The Course
I'm one of the little guys and appreciate any and all support ! To learn more about and/or purchase this accounting practice set, check out the order course page.
Even if you don't buy, check out my free bookkeeping and acounting textbook, guides, and software.
Copyright © Bean Counter
Cartoons on this site provided by Ron Leishman. All Toon images are copyright © . No images may be resold or redistributed without prior written permission from Ron Leishman. If you enjoyed them, get some of your own Toon-A-Day.
Disclaimer & Site Policies
The information provided on this site is not intended to provide or be a substitute for specific individualized accounting, tax, legal, business, or investment planning advice. Where specific advice is necessary or appropriate, Bean Counter recommends consultation with a qualified tax advisor, CPA, Financial Planner or Investment Manager. The information provided herein is for general informational purposes only and should not be considered an individualized recommendation, personalized investment advice or an endorsement by Bean Counter. The information presented is obtained from what are considered reliable sources; however, its accuracy, completeness or reliability cannot be guaranteed and therefore should not be relied upon as such. Bean Counter accepts no liability for any direct or consequential loss arising from any use of this information.
Bean Counter and their affiliated parties make no representation regarding sites that you might access from this site and are not liable for any damages that you incur from their use.