Accounting fundamentals
Voice: British English when available on this device. Reading the lesson does not require audio.
Check your understanding
Choose one answer. Explanations guide you to the correct principle; retry as often as you need.
Double-Entry Ledger Simulator
Choose the correct debit and credit for each business transaction. A correct journal entry is automatically added to your practice records; a mistake receives an explanation. These are fictional training transactions, not actual company accounts.
Owner invests capital
Amount:
Practice journal
| Transaction | Debit | Credit | GH₵ |
|---|---|---|---|
| Complete a transaction to begin your journal. | |||
Professional accounting pathway — next stages
The foundation is designed to extend into spreadsheet accounting, bookkeeping systems, management accounting, payroll, statutory reporting, audit working papers and ethical forensic investigation. Before issuing formal credentials, the academy will need verified assessment and academic quality assurance.
Practise GRA tax records, PAYE/VAT documentation, SSNIT payroll records, petty-cash controls, procurement evidence and bank reconciliation. Official requirements and tax rates must be checked against current GRA and SSNIT guidance before use in real filings.
Explore cash collections, transport ticket reconciliation, security guard payroll, supplier invoices, inventory control, workplace fraud red flags and audit trails—without making unsupported allegations about real people.
Open existing Skills Passport → (the Passport does not yet combine this Accounting preview with its original programme metrics).