Bookkeeping101

Bookkeeping 101 teaches the complete accounting cycle in plain language — from analyzing your first transaction to preparing financial statements and closing the books. Every step is explained with clear examples, journal entries, and T-accounts you can follow line by line.

THE WHOLE ACCOUNTING CYCLE, IN ORDER

Work through 10 lessons that build on each other:

1. Analyzing Transactions

2. Journalizing

3. Posting

4. Trial Balance

5. Adjusting Entries

6. Worksheet

7. Financial Statements

8. Closing Entries

9. Post-Closing Trial Balance

10. Reversing Entries

Move to the next lesson with one tap, or jump to any topic from the menu.

LEARN BY EXAMPLE

Lessons walk through real transactions — owner investments, rent, equipment purchases, loans, salaries, and income — showing the journal entry, how it posts to the ledger, and how the balances flow into the trial balance and financial statements.

WORKED SAMPLES

Two complete worked examples take you through the full cycle for a servicing company and a merchandising company.

PRACTICE PROBLEMS WITH ANSWER KEYS

Test yourself with three practice problems — a laundry business, plus a merchandising business under both the periodic and perpetual inventory systems — then check your work against detailed answer keys.

STUDY ANYWHERE

All lessons, worked samples, and practice problems are built into the app, so you can keep studying even without an internet connection.

Whether you're a student taking your first accounting class, a small business owner keeping your own books, or someone reviewing the basics, Bookkeeping 101 gives you a clear, step-by-step path through the accounting cycle.

Bookkeeping 101 is an independent study aid and is not affiliated with any school or professional body. Always refer to your course materials and current accounting standards for academic or professional decisions.