Course

Accounting Foundations

Build the accounting logic behind every financial model.

Labs

Scenarios

Estimated

1.5 hrs

Progress

Sum of the four lab estimates — about 5 minutes per scenario, assuming you read the guidance rather than already knowing the answer.

Lab 1Interactive lab

Accounting Equation Sandbox

Identify the accounts a transaction touches and whether each one increases or decreases.

Lab 2Interactive lab

Journal Entries and T-Accounts

Turn the same economic logic into balanced double-entry journal entries.

30 minFoundationalLocked

Lab 3Interactive lab

Adjusting Entries Timeline

Separate cash movement from revenue and expense recognition.

25 minFoundationalLocked

Lab 4Interactive lab

Trial Balance Detective

Find a ledger error, explain it and post the correcting entry.

25 minFoundationalLocked